3171 Washington Street

    Boston, MA 02130
    • $1,495,000
    • STATUS: Active
    • MLS #: 72296573
    UPDATED: 30 min ago
    $1,495,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 5,908
      SQFT
    • $253
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Listing courtesy of The Residential Group of William Raveis R.E. & Home Services.

    Description

    Amazing opportunity for business owners, investors and developers alike. Situated on an oversized 4,943 sq/ft lot, 3171 Washington Street is a mixed use building with a beautifully renovated turn-key restaurant space occupying the first floor and basement, and two residential units above. The sale includes the real estate as well as restaurant equipment + fixtures. For a restauranteur or someone in the food service business, this is a rare opportunity to own your own space and have monthly rental income to boot. For the investor, there are nice returns in renting the existing building out, or by potentially expanding the building. For the developer, the property is a part of the JP/Rox rezoning effort, which recommends allowing for up to 55' of height on this parcel. This has sparked rapid development in the neighborhood with more than 100 residential units either permitted or under construction within a 1 block radius. Don't miss you chance to get in on the action!

    Monthly Payment Calculator



    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. Data last updated 2018-05-25T15:49:05.803.
    www.adoema.com/homes/81872166

    3171 Washington Street Boston, MA 02130

    • Price: $1,495,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 72296573
    4
    Beds
    5
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,908
    SQFT
    $253
    $/SQFT
    1930
    Built
    Neighborhood:
    Jamaica Plain
    County:
    Suffolk
    Area:
    Jamaica Plain
    Property Description
    Amazing opportunity for business owners, investors and developers alike. Situated on an oversized 4,943 sq/ft lot, 3171 Washington Street is a mixed use building with a beautifully renovated turn-key restaurant space occupying the first floor and basement, and two residential units above. The sale includes the real estate as well as restaurant equipment + fixtures. For a restauranteur or someone in the food service business, this is a rare opportunity to own your own space and have monthly rental income to boot. For the investor, there are nice returns in renting the existing building out, or by potentially expanding the building. For the developer, the property is a part of the JP/Rox rezoning effort, which recommends allowing for up to 55' of height on this parcel. This has sparked rapid development in the neighborhood with more than 100 residential units either permitted or under construction within a 1 block radius. Don't miss you chance to get in on the action!
    Exterior Features

    Beachfront No Exterior Features Deck Foundation Fieldstone Garage Spaces 0 Lot Description Paved Drive Parking Features Off-StreetPaved Driveway Parking Spaces 4 Road Type PublicSidewalk Waterfront Flag No Waterview Flag No

    Interior Features

    Basement Yes Basement Features Full Bedrooms Unit1 0 Bedrooms Unit2 2 Bedrooms Unit3 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 3 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Units 3 Levels 3 Levels Unit1 2 Levels Unit2 1 Levels Unit3 1 Rooms 14 Rooms Unit1 6 Rooms Unit2 4 Rooms Unit3 4

    Property Features

    Amenities Public TransportationShoppingTennis CourtParkWalk/Jog TrailsGolf CourseMedical FacilityLaundromatBike PathConservation AreaHouse Of WorshipPrivate SchoolPublic SchoolT-Station Apod Available No Assessments 906000.00 Disclosure No Disclosures Mixed Use Building With A Restaurant Space + 2 Residential Units. Gross Operating Income 37200 Lead Paint Unknown Lease Unit1 N Lease Unit2 Y Lender Owned No Multifamily Type 3 Family Net Operating Income 37200 Rent Unit1 0 Rent Unit2 1600 Rent Unit3 1500 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Total Building Area Per Public Record Sq Ft Source Public Record Tax Year 2018 Taxes 18997.82 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Li

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of The Residential Group of William Raveis R.E. & Home Services.


    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. Data last updated 2018-05-25T15:49:05.803.
     
    AdoEma Realty LLC
    149 Washington St. Unit C1
    Peabody Ma, 01960
    Listing courtesy of The Residential Group of William Raveis R.E. & Home Services.