NOT LISTED FOR SALE
29 Beds
16 Baths
14,088 Sq Ft
6,020 Sq Ft Lot

Sale Details

Date Sold: May 16, 2024

Last sale price $4,950,000 $351 Per Sq Ft

78 Days on Market

Highlights

  • Medical Services
  • Park
  • Bike Trail
  • Property is near golf course, public transit, and schools
  • Shops
  • Near Conservation Area

About This Home

As of May 2024

This is a great deal. Number work now....numbers will work even better after 2024-2025 renewals are complete! Investors take note of this rarely available freestanding brick building boasting 13 residential units and over 14,000 sq/ft in Jamaica Plain. There is (1) studio residence, (4) one-bedroom units, (3) two-bedroom units, (1) three-bedroom and (4) four-bedroom residences. All units are updated with hardwood floors, gas cooking and heating, crown moldings, granite countertops, tile baths, in-building laundry and more. The building is located in the Parkside neighborhood of Jamaica Plain and is poised to make its next owner excellent rents for many, many years to come. Financials available upon request. 100% occupied. Enjoy the many benefits of owning investment property. Call today and lets talk real estate.

Last Agent to Sell the Property

The Residential Group

Coldwell Banker Realty - Brookline Listed on: 01/10/2024

Coldwell Banker Realty - Brookline

Last Buyer's Agent

The Residential Group

Coldwell Banker Realty - Brookline Listed on: 01/10/2024

Coldwell Banker Realty - Brookline
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,225

Year Built

  • Built in 1930

Lot Details

  • 6,020

Home Design

  • 14,088 Sq Ft Home

Bedrooms and Bathrooms

  • 29 Bedrooms

Additional Features

  • 6,020 Sq Ft Lot
  • Property is near golf course, public transit, and schools

Listing and Financial Details

  • Total Actual Rent $11,495
  • Assessor Parcel Number W:11 P:01514 S:000,3399845

Community Details

Overview

  • 13 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Bike Trail

Building Details

  • Operating Expense $71,698
  • Net Operating Income $342,122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,225

Year Built

Built in 1930

Lot Details

6,020 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1930
  • 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: 6

Interior Features

  • Flooring: Varies
  • Fireplace YN: No
  • Total Bedrooms: 29
  • Full Bathrooms: 13
  • Half Bathrooms: 3
  • Total Bathrooms: 16
  • Living Area: 14088
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: M59500
  • MAIN SO: M59500

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:11 P:01514 S:000,3399845
  • Zoning: 2F-4000
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6020
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 24224.52

Multi Family

  • Net Operating Income: 342122
  • Number Of Units Total: 13
  • Operating Expense: 71698
  • Total Actual Rent: 11495
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
May 15, 2024
Sold by
Bought by
Seller's Agent
The Residential Group
Coldwell Banker Realty - Brookline
Buyer's Agent
The Residential Group
Coldwell Banker Realty - Brookline
List Price
$5,250,000
Sold Price
$4,950,000
Premium/Discount to List
-$300,000
-5.71%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,443,139
Interest Rate
6.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,400
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 1993
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,950,000 None Available
$1,358,000 --
-- --
$178,000 --
$178,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,500,000
Previous Owner $3,204,500
Previous Owner $3,150,000
Previous Owner $2,625,000
Previous Owner $1,890,000
Previous Owner $1,162,400
Previous Owner $140,000
Closed $400,000
Previous Owner $410,000
Previous Owner $310,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $4,950,000 -1.0% $351 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $4,999,999 -2.0% $355 / Sq Ft
01/18/2024 01/18/24 Price Changed $5,100,000 -2.9% $362 / Sq Ft
01/10/2024 01/10/24 For Sale $5,250,000 0.0% $373 / Sq Ft
10/15/2015 10/15/15 Rented $2,400 0.0% --
10/07/2015 10/07/15 Price Changed $2,400 -7.7% $2 / Sq Ft
09/09/2015 09/09/15 Price Changed $2,600 -20.0% $2 / Sq Ft
01/26/2015 01/26/15 For Rent $3,250 +16.1% --
09/01/2014 09/01/14 Rented $2,800 -3.4% --
08/02/2014 08/02/14 Under Contract -- -- --
03/09/2014 03/09/14 For Rent $2,900 +38.1% --
08/23/2013 08/23/13 Rented $2,100 0.0% --
07/24/2013 07/24/13 Under Contract -- -- --
07/18/2013 07/18/13 For Rent $2,100 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,682 $2,131,400 $386,300 $1,745,100
2024 $23,836 $2,186,800 $386,300 $1,800,500
2023 $23,995 $2,234,200 $386,300 $1,847,900
2022 $23,267 $2,138,500 $386,300 $1,752,200
2021 $22,898 $2,146,000 $373,400 $1,772,600
2020 $22,379 $2,119,200 $373,400 $1,745,800
2019 $22,060 $2,093,000 $373,400 $1,719,600
2018 $14,389 $1,373,000 $360,500 $1,012,500
2017 $13,979 $1,320,000 $341,200 $978,800
2016 $12,826 $1,166,000 $315,400 $850,600
2015 $12,740 $1,052,000 $283,200 $768,800
2014 $11,876 $944,000 $244,700 $699,300
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73192193

MLS Property Information Network (MLS PIN)
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