Sold

48 Boylston St, Boston, MA

Boston · MA 02445

$2,000,000
Price
6
Beds
6
Baths
4992
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 6 Units
Lot size: 4,840 Sq.Ft Lot
Price per square foot: $461 / Sq.Ft
Parking: No Parking

About this home

UNLOCK A LUCRATIVE INVESTMENT OPPORTUNITY: Own a Classic 6-Unit Multi-Family Gem in Central JP! This exceptional 6-unit multi-family building in the heart of JP. Prime location just minutes from the train station & the vibrant shops of Centre St., All units in this classic central entrance building are currently leased, offering immediate income potential. Spacious 1-bedroom/4-room unit features a generous living room, dining room & kitchen, private bedrooms at the rear of each unit provide a peaceful retreat. Major renovations undertaken in 2002 ensure that this property is well-maintained & move-in ready. A newer heating system, vinyl siding & newer windows contribute to its energy efficiency & overall appeal. With 5 of the 6 units currently TAW & rents currently below market value, there is tremendous potential for increased revenue. The pro forma for Fiscal Year 7/25 projects an impressive annual gross income of $183,000 & a promising cap rate of 6.2%.

Neighborhood & Transit

Jamaica Plain

48 Boylston St, Boston · MA 02445

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Brookline Village Green 0.10 mi
  • Riverway Green 0.35 mi
  • Back of the Hill Green 0.39 mi
  • Brookline Hills Green 0.39 mi
  • Heath Street Green 0.48 mi
  • Mission Park Green 0.48 mi

Price Insight

Days on Market:
507 days
Listing Price:
$2,300,000
Price per Sq.Ft:
$461
Tax Assessment:
$1,270,000 in 2024
Taxes:
$1,154 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
6
Half Bathrooms
0
Living Area
4,992 Sq.Ft
Broker Disclosure about Living Area
UNIT RENTS INCLUDES COST OF HEAT
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4992
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
4,840 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Bunny Cecchetto
Listing office
Focus Real Estate
MLS PIN #
73343796
Disclosure
ONE UNIT HAS A LEAD PAINT CERTIFICATE
Disclosure
UNIT RENTS INCLUDES COST OF HEAT