3106-3110 Washington Street Boston, MA ^$ 1,575,000

3106-3110 Washington Street

^$ 1,575,000

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3106-3110 Washington Street

Boston, MA, 02119

^$ 1,575,000

Bedrooms8 Baths2.2 Sq 4,280

Monthly Estimate*

^$ 10,468

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Multi-Family Home for sale in Boston, MA

for $1,575,000 with 8 bedrooms and 2 full baths, 2 half baths. This 4,280 square foot home was built in 1930 on a lot size of 0.08.

Fantastic investment or development opportunity in the heart of Egleston Square. This freestanding mixed use 4 unit property is fully leased and features two commercial storefronts on the first floor, as well as two nicely renovated 4 bedroom/1 bath units on the second + third floors. Current net income eclipses $104K annually and is projected to increase by 10% for the 2024-2025 rental season. The commercial units are occupied by a barber shop and a mobile phone store and are on leases ending August 2024 + December 2026 w/5 year option respectively. The residential units feature dark stained hardwood floors, crown moldings, spacious kitchens w/stainless appliances + granite counters, tile baths, central A/C, in-unit laundry + rear decks. They are both on lease to 8/31/24. For developers, the property is located in the desirable Neighborhood Shopping (NS) zoning district which allows for a host of different uses and buildings as high as 45' with an FAR of 2.0. Pro-Forma upon request.

Multi-Family Active

Price

^$ 1,575,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 10,322

Style

4 Family

Lot Size

0.08

Year Built

1930

Town/City

Boston

County/Region

Suffolk

MLS | Web ID

73218226

List By

The Residential Group

Listing Agent

William Raveis R.E. & Home Services

Broker

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$11,328

Per Month

Monthly Principal & Interest: $10,468
Monthly Property Taxes: $860
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Boston, MA

Average List Price ^$2,664,401

Percent of Sale Price 69%

About Boston, MA

685,111 Population

16% Since 2002

^$65,384 Median Income

34.81 Median Age

20% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
5/21/2024	$1,575,000	-1.50%	Price Down
4/30/2024	$1,599,000	-1.60%	Price Down
4/1/2024	$1,625,000		Listed Price

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3106-3110 Washington Street, Boston, MA, 02119 is a Multi-Family Home for sale at $1,575,000 with 4,280 sqft and a lot size of 0.08. 3106-3110 Washington Street has 8 bedrooms, 2.2 baths, and was built in 1930. The property's zip code is 02119 which is in Boston, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/6/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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3106-3110 Washington Street

Multi-Family Home for sale in Boston, MA

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