3 Family house is an excellent opportunity for condo conversion, or three rentals in Jamaica Plain is a fantastic investment opportunity for anyone looking for a turnkey property with a proven rental history. All three units currently have leases expiring on 6/30/24, 8/31/24, 6/30/24. Opportunity to raise rents or condo conversion. Current residents have all lived in the home for at least several years. The apartments are spacious and well-lit and have two or three bedrooms, one bathroom, a living room, a dining room, a kitchen, a pantry, a washer/dryer, and a porch. The location is convenient, with easy access to the Forest Hills (Orange Line) and Bus 39, which connect to the shops on South Street and the Arborway. Additionally, the front entrance of the Arnold Arboretum is located nearby. Total annual rental income is currently below market at $85,200. Excellent opportunity for condo conversion or rarely available three-apartment rentals. Offers are due Tuesday, 30 April, at noon.
Other Interior FeaturesLiving Room, Dining Room, Kitchen
Area & Lot
Total area3,078 Sq.Ft.
Lot Area4,000 Sq.Ft.
Living area3,078 Sq.Ft.
MLS® ID73226866
Year Built1910
TypeMulti-Family
StatusSold
Exterior
Stories3
Heat typeHot Water, Steam
Water SourcePublic
SewerPublic Sewer
ParkingOff Street
Lot FeaturesCorner Lot
RoofRubber
Utilitiesfor Gas Oven
Finance
Sales Price$1,205,000
Real Estate Tax$11,246 yearly
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The First Choice Dorsey Group is a top-producing team specializing in buying and selling, increasing the ROI of investment properties, real estate development, and property management.