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$1,440,000
7
Beds
3
Baths
3,089
Living Area
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Property Description
Prime investment opportunity in the heart of Jamaica Plain. 32 Forbes Street is a well-maintained three-family offering stable income, long-term upside, and an unbeatable location. Unit 1 spans the first floor and lower level with 3 bedrooms and 1 bath, while Units 2 and 3 each offer 2 bedrooms, an office, and 1 bath in bright, efficient layouts with strong rental appeal. Units 1 and 2 are tenant-occupied on leases; Unit 3 will be delivered vacant. Features include hardwood floors, laundry in the basement, and two tandem parking spaces. Separate utilities for each unit provide ease of management and lower owner expenses. Tenants enjoy easy access to the Stonybrook MBTA, Longwood Medical Center, Southwest Corridor Park, and JP’s shops and cafés—ensuring consistent demand and low vacancy. A turnkey asset with strong cash flow and future value-add potential in one of Boston’s most resilient rental markets.
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Highlights
- Area: Jamaica Plain
- Levels: 7
- Property Class: Residential Income
- Stories: 7
- Year Built: 1910
- Heating: Forced Air, Baseboard
- Parking Spots: 2
- Property Type: 3 Family
- Total Rooms: 15
- Status: Closed
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Additional Details
- Basement: Full, Walk-Out Access, Concrete
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: 3f-5000
- Flooring: Hardwood
- Interior Features: Living Room, Kitchen
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,245,000
- Taxes: $14,549
- Tax Year: 2025
- Total Rent: $9,100
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