3146-3150 Washington St, Jamaica Plain $3,699,000

Sale Type: For Sale Ft2: 10,323 Lot Size: 6,600 Ref #: 73549277

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Rare opportunity to own a turnkey 9-unit brick apartment building in the desirable Egleston neighborhood of Jamaica Plain. This well-maintained asset features an ideal unit mix of six 3-bedroom, 1.5-bath units and three 2-bedroom, 1.5-bath units, offering broad tenant appeal. Solid brick construction provides long-term durability and low maintenance.Ideally located just minutes from major universities, renowned hospitals, downtown Boston, and the Orange Line, the property attracts a diverse tenant base of students, healthcare professionals, and working professionals. Currently generating $228,600 in gross annual income with three vacant units, this asset presents significant upside proforma through lease-up and rental growth.A rare opportunity to acquire a high-quality Boston multifamily asset with immediate value-add potential and long-term appreciation.

Details

Ft2
10,323
Lot Size
6,600
Tax
$40,288
Listing provided courtesy of Derek Young, Longwood Residential, LLC