$3,799,000

House for sale Boston
Property photo number 1 of 16 Photos for Property. File  104513492_29_a5c43b9bfbcbb1425f53d2c97a516c6c.jpeg

Overview

SUMMARY: Discover an opportunity with this Boston house for sale and available for $3,799,000. This could be your next ideal home or a smart investment. More details await.
Rare opportunity to own a turnkey 9-unit brick apartment building in the desirable Egleston neighborhood of Jamaica Plain. This well-maintained asset features an ideal unit mix of six 3-bedroom, 1.5-bath units and three 2-bedroom, 1.5-bath units, offering broad tenant appeal.
Solid brick construction provides long-term durability and low maintenance.Ideally located just minutes from major universities, renowned hospitals, downtown Boston, and the Orange Line, the property attracts a diverse tenant base of students, healthcare professionals, and working professionals. Currently generating $228,600 in gross annual income with three vacant units, this asset presents significant upside proforma through lease-up and rental growth.A rare opportunity to acquire a high-quality Boston multifamily asset with immediate value-add potential and long-term appreciation.
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Details

  • Beds: 24
  • Baths: 9.5
  • Price: $3,799,000
  • Reference No.: 94332739
  • Area: 10,323 sqft

Location

Marketed by:

  • Derek Young
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