32 Forbes St Jamaica Plain, MA 02130
Jamaica Plain NeighborhoodEstimated payment $8,832/month
Highlights
- Medical Services
- Wood Flooring
- Living Room
- Property is near public transit
- Tennis Courts
- 3-minute walk to Mozart Park
About This Home
Prime investment opportunity in the heart of Jamaica Plain. 32 Forbes Street is a well-maintained three-family offering stable income, long-term upside, and an unbeatable location. Unit 1 spans the first floor and lower level with 3 bedrooms and 1 bath, while Units 2 and 3 each offer 2 bedrooms, an office, and 1 bath in bright, efficient layouts with strong rental appeal. Units 1 and 2 are tenant-occupied on leases; Unit 3 will be delivered vacant. Features include hardwood floors, laundry in the basement, and two tandem parking spaces. Separate utilities for each unit provide ease of management and lower owner expenses. Tenants enjoy easy access to the Stonybrook MBTA, Longwood Medical Center, Southwest Corridor Park, and JP’s shops and cafés—ensuring consistent demand and low vacancy. A turnkey asset with strong cash flow and future value-add potential in one of Boston’s most resilient rental markets.
Listing Agent
Adams & Co. Team
Real Broker MA, LLC Listed on: 11/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,550
Year Built
- Built in 1910
Lot Details
- 2,438 Sq Ft Lot
Home Design
- Stone Foundation
- Rubber Roof
Interior Spaces
- 3,089 Sq Ft Home
- Living Room
- Wood Flooring
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 1349681
Community Details
Overview
- 3 Units
- Property has 3 Levels
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
Building Details
- Net Operating Income $109,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,417 | $1,245,000 | $448,900 | $796,100 |
| 2024 | $13,002 | $1,192,800 | $309,400 | $883,400 |
| 2023 | $12,438 | $1,158,100 | $300,400 | $857,700 |
| 2022 | $11,667 | $1,072,300 | $278,100 | $794,200 |
| 2021 | $10,896 | $1,021,200 | $264,900 | $756,300 |
| 2020 | $10,747 | $1,017,700 | $271,500 | $746,200 |
| 2019 | $9,754 | $925,400 | $190,800 | $734,600 |
| 2018 | $8,979 | $856,800 | $190,800 | $666,000 |
| 2017 | $1,967 | $765,200 | $190,800 | $574,400 |
| 2016 | $7,867 | $715,200 | $190,800 | $524,400 |
| 2015 | $6,887 | $568,700 | $165,400 | $403,300 |
| 2014 | $6,269 | $498,300 | $165,400 | $332,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | Pending | -- | -- | -- |
| 11/05/2025 11/05/25 | For Sale | $1,450,000 | -- | $469 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | -- | |
| Warranty Deed | $348,000 | -- | |
| Warranty Deed | $10,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $464,000 | Purchase Money Mortgage | |
| Previous Owner | $327,000 | No Value Available | |
| Previous Owner | $327,000 | No Value Available | |
| Previous Owner | $330,600 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73451595
APN: JAMA-000000-000010-002537
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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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