48 Boylston St Open House Save Request In-Person Tour Request Virtual Tour
Boston,MA 02130
OPEN HOUSE
Thu Mar 13, 10:00am - 11:00am
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 4,992 sqft
Price per Sqft $460
MLS Listing ID 73343796
Bedrooms 6
Full Baths 6
Year Built 1905
Annual Tax Amount $13,843
Tax Year 2024
Lot Size 4,791 Sqft
Property Sub-Type 5+ Family - 5+ Units Side by Side
Property Description
UNLOCK A LUCRATIVE INVESTMENT OPPORTUNITY: Own a Classic 6-Unit Multi-Family Gem in Central JP! This exceptional 6-unit multi-family building in the heart of JP. Prime location just minutes from the train station & the vibrant shops of Centre St., All units in this classic central entrance building are currently leased, offering immediate income potential. Spacious 1-bedroom/4-room unit features a generous living room, dining room & kitchen, private bedrooms at the rear of each unit provide a peaceful retreat. Major renovations undertaken in 2002 ensure that this property is well-maintained & move-in ready. A newer heating system, vinyl siding & newer windows contribute to its energy efficiency & overall appeal. With 5 of the 6 units currently TAW & rents currently below market value, there is tremendous potential for increased revenue. The pro forma for Fiscal Year 7/25 projects an impressive annual gross income of $183,000 & a promising cap rate of 6.2%.
Location
State MA
County Suffolk
Area Jamaica Plain
Zoning R4
Interior
Heating Steam,Oil,Common
Cooling Wall Unit(s)
Flooring Hardwood,Stone/Ceramic Tile
Laundry Electric Dryer Hookup
Exterior
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Bike Path,House of Worship,Private School,Public School,T-Station,University
Utilities Available for Gas Range,for Electric Oven,for Electric Dryer
Roof Type Rubber
Building
Lot Description Level
Story 9
Foundation Granite
Sewer Public Sewer
Water Public
Schools
Elementary Schools Bps
Others
Acceptable Financing Contract
Listing Terms Contract