3169-3171 Washington St

    Boston, MA 02130
    • $1,375,000
    • STATUS: Active
    • MLS #: 72398544
    UPDATED: 163 min ago
    $1,375,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 5,908
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Listing courtesy of John Flaherty of Coldwell Banker Residential Brokerage - Boston - South End.

    Description

    Ripe for success in a prime area of robust growth. Situated on an oversized 4,943 sq/ft lot, this amazing mixed-use building features a gleaming turn-key 50-70+/- person restaurant space on the first floor and basement, and two residential units above. The sale includes the real estate as well as restaurant equipment + fixtures. For a restauranteur or someone in the food service business, this is a rare opportunity to own your own space and have a monthly rental income offset occupancy costs. For the investor, there are nice returns in renting the existing building out, or by potentially expanding the building. For the developer, the property is a part of the JP/Rox rezoning effort, which recommends allowing for up to 55' of height on this parcel. This has sparked rapid development in the neighborhood with more than 100 residential units either permitted or under construction within a 1 block radius.

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    The property listing data and information 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 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 set forth herein. Data last updated 2018-10-18T23:48:10.38.
    www.refinderma.com/homes/87722541

    3169-3171 Washington St Boston, MA 02130

    • Price: $1,375,000
    • Status: Active
    • Updated: 163 min ago
    • MLS #: 72398544
    4
    Beds
    5
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,908
    SQFT
    $233
    $/SQFT
    1930
    Built
    Neighborhood:
    Jamaica Plain
    County:
    Suffolk
    Area:
    Jamaica Plain
    Property Description
    Ripe for success in a prime area of robust growth. Situated on an oversized 4,943 sq/ft lot, this amazing mixed-use building features a gleaming turn-key 50-70+/- person restaurant space on the first floor and basement, and two residential units above. The sale includes the real estate as well as restaurant equipment + fixtures. For a restauranteur or someone in the food service business, this is a rare opportunity to own your own space and have a monthly rental income offset occupancy costs. For the investor, there are nice returns in renting the existing building out, or by potentially expanding the building. For the developer, the property is a part of the JP/Rox rezoning effort, which recommends allowing for up to 55' of height on this parcel. This has sparked rapid development in the neighborhood with more than 100 residential units either permitted or under construction within a 1 block radius.
    Exterior Features

    Beachfront No Exterior ClapboardBrick Exterior Features Deck Foundation Fieldstone Garage Spaces 0 Lot Description Zero Lot LineCity View(S)Level Parking Features Off-StreetPaved Driveway Parking Spaces 4 Waterfront Flag No

    Interior Features

    Basement Yes Basement Features FullConcrete Floor Bedrooms Unit1 0 Bedrooms Unit2 2 Bedrooms Unit3 2 Energy Features Insulated Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring WoodTileConcrete Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 3 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Hot Water Natural Gas Levels 4 Levels Unit1 2 Levels Unit2 1 Levels Unit3 1 Rooms 14 Rooms Unit1 6 Rooms Unit2 4 Rooms Unit3 4

    Property Features

    Amenities Public TransportationShoppingTennis CourtParkWalk/Jog TrailsGolf CourseMedical FacilityLaundromatBike PathConservation AreaHouse Of WorshipPrivate SchoolPublic SchoolT-Station Apod Available No Assessments 906000.00 Disclosure No Disclosures Mixed Use Building1 Fully Outfitted RestaurantAnd 2 Residential Units. Electric Features 200 Amps Gross Operating Income 31200 Lead Paint Unknown Lease Unit1 N Lease Unit2 Y Lease Unit3 N Lender Owned Undisclosed Multifamily Type 3 Family Net Operating Income 31200 Rent Unit1 0 Rent Unit2 1500 Sewer City/Town Sewer Short Sale Lender App Required Unknown Sq Ft Disclosures Total Building Area - All in Use And Accessible. Sq Ft Source Public Record Tax Year 2018 Taxes 22831.20 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Comm

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of John Flaherty of Coldwell Banker Residential Brokerage - Boston - South End.


    The property listing data and information 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 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 set forth herein. Data last updated 2018-10-18T23:48:10.38.
     
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    Listing courtesy of John Flaherty of Coldwell Banker Residential Brokerage - Boston - South End.