$1,395,000
9
Beds
3
Baths
3,264
Living Area
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Property Description
NOW FULLY VACANT! READY FOR YOUR REHAB AND CONDO CONVERSION OR OTHERWISE! Spacious Multi-Family Triplex in Jamaica Plain with one parking space near Stony Brook Station. Rare opportunity in JP for investors & owner occupants! The property features three spacious units with good bones featuring original molding details & wood floors. Each unit features 3 bedrooms, eat-in kitchen, living room, 1 bathroom and an enclosed three-season porch. Units 2 & 3 have home office rooms in addition to the 3 bedrooms. These spacious units are minutes from the Stony Brook Orange Line T-station & in the sought-after Brewery District of Jamaica Plain easily attracting tenants. The Brewery complex around the corner is packed with arts and culture, dining, & exercise venues, giving this property unique appeal. Don't miss this opportunity to invest in an easily commutable & high-reward area of Boston's Jamaica Plain. Projected market rents of $3,900 - $4,100/unit would make the ROI & CAP rate 7 to 7.5.
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Highlights
- Area: Jamaica Plain
- Heating: Baseboard, Electric, Natural Gas, Individual, Unit Control, Hot Water, Common
- Parking Spots: 1
- Property Type: 3 Family
- Total Rooms: 20
- Status: Active
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
- Construction: Frame
- Flooring: Wood, Tile
- Interior Features: Ceiling Fan(s), Pantry, Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Upgraded Countertops, Floored Attic, Upgraded Cabinets, Living Room, Kitchen, Laundry Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
- Basement: Full, Interior Entry, Concrete, Unfinished
- Exterior Features: Balcony/Deck, Rain Gutters, Garden, Stone Wall, Other
- Foundation: Stone
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, T-Station
- Parking Features: Paved Drive, Shared Driveway, Off Street, Paved, Other
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Utilities
- Electric: Circuit Breakers, 60 Amps/Less, Common, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,371,200
- Tax Year: 2026
- Total Rent: $12,000
- Rental Fee Includes: Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Water), Unit 3(Water)
- Taxes: $17,160
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