$1,425,000
SOLD DEC 20, 2024

3106-3110 Washington St Boston, MA 02119

Jamaica Plain Neighborhood
8 Beds
4 Baths
4,280 Sq Ft
3,484 Sq Ft Lot

Recently Sold

$333 Per Sq Ft

8% Below List Price

53 Days on Market

About This Home

As of December 2024

3106-3110 Washington Street consists of a three-story building with four units comprised of two commercial units and two 4-Bedroom/1-Bathroom residential units. The commercial units are leased to Miheli Wireless and Tony’s Barbershop. Miheli Wireless has been at this location since 2019 and has 2+ years remaining on their lease with one (1), 5-year renewal option. Tony’s Barbershop has been at this location since 2017 and just exercised their renewal option demonstrating their commitment to the site and the market. They have 5 years remaining on their lease. Both commercial leases call for attractive 3% annual increases in rent, providing a steady hedge against inflation. 3106-3110 Washington Street offers the opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth.

Last Agent to Sell the Property

Dennis Kelleher

Horvath & Tremblay Listed on: 09/09/2024

Co-Listed By

John Pentore

Horvath & Tremblay

Last Buyer's Agent

Michael Kwan

Denkar Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,454

Year Built

  • Built in 1930

Home Design

  • 4,280 Sq Ft Home
  • Quadruplex
  • Rubber Roof

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • 3,484 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $12,026
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 3399273

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Operating Expense $25,314
  • Net Operating Income $118,998

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,454

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1930
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Living Area: 4280
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 344.63
  • PRICE PER Sq Ft: 332.94
  • MAIN SO: AC0429

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3399273
  • Zoning: NS
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484
  • Lot Size Units: Acres
  • PAGE: 101
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10454
  • Tax Book Number: 53209

Multi Family

  • Gross Income: 144312
  • Net Operating Income: 118998
  • Number Of Units Total: 4
  • Operating Expense: 25314
  • Total Actual Rent: 12026
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 2
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 3

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $1,425,000 -3.4% $333 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $1,475,000 -1.6% $345 / Sq Ft
10/08/2024 10/08/24 Price Changed $1,499,000 -3.3% $350 / Sq Ft
09/09/2024 09/09/24 For Sale $1,550,000 -- $362 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73287397

MLS Property Information Network (MLS PIN)