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Fantastic investment or development opportunity in the heart of Egleston Square. This freestanding 4 unit property is fully leased and features two commercial spaces on the first floor, as well as two nicely renovated 4 bedroom/1 bath units on the second and third floors. Net income eclipses $94,500 annually with room to grow. The commercial units are occupied by a barber shop and a Boost Mobile and are on leases ending August 2024 and December 2026 respectively. The residential units feature dark stained hardwood floors, crown moldings, spacious kitchens with stainless appliances and granite counters, tile baths, central A/C, in-unit laundry and rear decks. They are both on lease to 8/31/22. For developers, the property is located in the desirable Neighborhood Shopping (NS) zoning district which allows for a host of different uses and buildings as high as 45' with an FAR of 2.0. Don't miss out!

MLS Listing ID: 72983550
Listing Price: $1,725,000
Listing Status: Price Changed [?]
Neighborhood: Jamaica Plain
Property Type: Multi Family
Bedrooms: 8
Full Baths: 2
Half Baths: 2
Living Space: 4280 sf.
Lot Size: 0.08 acres (3346 sf.)
Parking: -
Taxes: $9,411.07
Tax Year: 2022

Listing Current as of July 01, 2022 12:00am

This listing brought to you by The Residential Group of William Raveis R.E. & Home Services.

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