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$1,795,000
Total Beds: 8 Total Baths: 6
Total Units: 3 SQFT: 5500
LOT size: 0.14 Acres
388 Arborway
Boston, MA 02130
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Property Description

This Victorian property offers history in the heart of Jamaica Plain. Designed by architect George Harvey, & updated into a Philadelphia walk up style, this multi family property boasts period details, 6 fireplaces, beautiful wood floors & trim, 2 substantial multi level units with over 2,150 sq/ft of living area, city views, private patios & garage parking. Unit 1 is 7 rms, 3 bedrooms, 2.5 baths, den, 4 fireplaces & en-suite laundry. Unit 2 is 7 rooms, 4-5 bedrooms & 2 full baths. This unit also has en-suit laundry, 2 fireplaces & skyline city views. There is also a separate entrance in-law suite on the lower level, (above ground), that has 3 rooms, 1 bedroom & bath with separate laundry as well. Total income is $117,600. Walk to the T, Arnold Arboretum & JP center. With modern kitchens & baths, updated Lennox hi efficiency boilers, 2023 roof & 2018 siding & gutters, this property has it all.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 8
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Total Fireplaces: 6
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Garage Access, Walk Out
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Pantry, Philadelphia, Programmable Thermostat, Storage, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Geothermal Heat Source, Heat Pump, Hot Water Radiators, Individual, Oil

Financial

  • APOD Available: Yes
  • Expenses Source: Tax Return
  • Gross Operating Income: 117600
  • Gross Expenses: 31000
  • Water/Sewer: 3300
  • INSC: 6500
  • Net Operating Income: 86600

Utilities

  • Heat Zones: 2
  • Electric Info: 110 Volts, 200 Amps, Circuit Breakers, Individually Metered, On-Site, Underground
  • Energy Features: Insulated Windows, Prog. Thermostat, Storm Doors
  • Utility Connections: for Gas Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: MWRA

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Included in Rent: Heat, Water
  • Under Lease: Yes
  • Levels: 1

Construction

  • Year Built: 1900
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73377555
  • Last Updated: 05/20/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Mark Schwarz, Palmer Russell Company
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-20 09:36:00