$1,425,000
$1,475,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3 Baths
4,280 SqFt
SOLD DATE : 12/20/2024
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,280 sqft
Price per Sqft $332
MLS Listing ID 73287397
Sold Date 12/20/24
Bedrooms 8
Full Baths 2
Half Baths 2
Year Built 1930
Annual Tax Amount $10,454
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Description
3106-3110 Washington Street consists of a three-story building with four units comprised of two commercial units and two 4-Bedroom/1-Bathroom residential units. The commercial units are leased to Miheli Wireless and Tony's Barbershop. Miheli Wireless has been at this location since 2019 and has 2+ years remaining on their lease with one (1), 5-year renewal option. Tony's Barbershop has been at this location since 2017 and just exercised their renewal option demonstrating their commitment to the site and the market. They have 5 years remaining on their lease. Both commercial leases call for attractive 3% annual increases in rent, providing a steady hedge against inflation. 3106-3110 Washington Street offers the opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth.
Location
State MA
County Suffolk
Area Jamaica Plain
Zoning NS
Direction Please use GPS
Exterior
Roof Type Rubber
Garage No
Building
Lot Description Other
Story 7
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Michael Kwan • Denkar Realty Group