$3,799,000
24
Beds
9/9
Baths
10,323
Living Area
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Property Description
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.
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Highlights
- Area: Jamaica Plain
- Property Class: Residential Income
- Stories: 9
- Year Built: 1910
- Levels: 9
- Property Type: 5-9 Family
- Total Rooms: 42
- Status: Active
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Additional Details
- Basement: Unfinished
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R3
- Construction: Brick
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 9
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Walk/Jog Trails, Golf, Medical Facility, Laundromat, T-Station, University
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $3,247,400
- Taxes: $40,288
- Tax Year: 2026
- Total Rent: $6,350
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