Sold!
$1,425,000
15
Beds
4
Baths
6,939
Living Area
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Property Description
This is it! Built in 2007, this Jamaica Plain 2 Family is a rare MONEY MAKER. Containing 2 side by side units and a lot of expansion/value add potential. The larger right side unit contains 12 bedrooms, 3 bathrooms with a monthly income of $13,400. Left side unit is a 3 Bed, 1 bathroom apartment rented under market to BHA for $3,745/month. Unit(s) can be delivered vacant for the right offer. Huge high ceiling basement with interior and walk-out access ideal for ADU ideas. Current owner has development plans available (Not Approved or Permitted) for potential 6 units development of existing footprint, or knock down and rebuild new both a 3-family and a 2-family. Or develop by-right 2 side-by-side townhouses. Or sit back and collect the $17k monthly income and %8+ Cap Rate. Building is professionally managed and the property manager is willing to stay on. Great location in the desirable Woodbourne section of JP and close to Forest Hills T Station. Pro forma available by request.
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Highlights
- Area: Jamaica Plain's Forest Hills
- Parking Spots: 6
- Property Type: 2 Family - 2 Units Side by Side
- Total Rooms: 20
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 2007
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Additional Details
- Basement: Full, Walk-Out Access, Interior Entry, Concrete
- Flooring: Wood
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Res
- Construction: Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Owner
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Private School, Public School, T-Station
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 200+ Amp Service, Common, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,528,600
- Taxes: $17,701
- Tax Year: 2025
- Total Rent: $17,145
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Pondside Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
