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$1,888,888
Total Beds: 4 Total Baths: 2
Total Units: 3 SQFT: 5764
LOT size: 0.13 Acres
3520 Washington Street
Boston, MA 02130
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Property Description

NOW FULLY LEASED! Annual net income over $150,000 makes this an 8 CAP INVESTMENT! The building features a +/- 3,600 sq/ft commercial space (2,413 sq/ft first floor + basement) which is newly leased to a boxing gym on a 5 year lease with a 5 year option, NNN. The two residential apartments are newly renovated with hardwood floors, crown moldings, beautiful tile baths, white shaker kitchens with quartz counters, in unit laundry, central A/C and decks. These units are on lease to 8/31/25. The property comprises 2 lots which lends to potential future expansion. This is hands down THE BEST INVESTOR DEAL IN BOSTON! Call today for a private showing. Pro-Forma attached. OFFERS DUE 10/30 at 5PM.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Bike Path, Conservation Area, Golf Course, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Kitchen, Living RM/Dining RM Combo
  • Common Interior Features: Crown Molding, Stone/Granite/Solid Counters
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Forced Air, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 170100
  • Net Operating Income: 151547

Utilities

  • Energy Features: Insulated Doors, Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73304871
  • Last Updated: 10/22/24

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Map

Seller's Representative: The Residential Group, William Raveis R.E. & Home Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: 2.0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-10-22 10:07:00

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