PERFECT, RARE OPPORTUNITY for INVESTORS & Owners. Nicely Remodeled, Updated 3-Family in Desirable Jamaica Plain Currently getting below market rents with a Potential 6%-7%+ CAP rate. Potential Income $115k+++ Separate electrical & gas meters, SOLID building, Great street, Great location. Close to Stony Brook & Jackson Square T stations, minutes to downtown Boston. Live in one unit, rent the others (has great tenants who would like to stay if possible) - or convert into condos. Two units are certified lead treated. EXTRA Yard/Lot Included! Combine the first Floor and Basement into one Huge unit with TONS of space. So Many Possibilities! Unit 2 is vacant & can be shown with notice & proof of funds. Buildings this NICE are rarely available in JP! Rentals expected to rise in 2021. Priced to sell quickly re: 1031 Exchange.
Off market
$1,679,300
16 Armstrong St, Jamaica Plain, MA 02130
10beds
3,930sqft
MultiFamily
Built in 1910
-- sqft lot
$1,679,300 Zestimate®
$427/sqft
$4,317 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced air, Gas
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer
Features
- Flooring: Hardwood, Laminate
Interior area
- Total interior livable area: 3,930 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl, Wood
Lot
- Size: 3,484 sqft
Details
- Parcel number: JAMAW10P02618S000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Jamaica Plain
Other
Other facts
- Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Public School, T-Station, University, Walk/Jog Trails
- App Dscrp 1: Range, Microwave
- App Dscrp 2: Range, Refrigerator, Microwave
- Basement Feature: Full, Bulkhead, Finished, Exterior Access
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Storage Shed, Gutters, City View(s), Deck - Wood, Fenced Yard
- Foundation: Poured Concrete
- Hea Dscrp 1: Gas
- Hea Dscrp 2: Gas
- Hot Water: Natural Gas
- Lot Description: Paved Drive, Fenced/Enclosed, Level, Corner, City View(s)
- Rms Dscrp 1: Living Room, Kitchen
- Rms Dscrp 2: Living Room, Kitchen, Office/Den
- Road Type: Public, Paved, Publicly Maint., Sidewalk
- Apod Available: Yes
- App Dscrp 3: Range, Microwave
- Hea Common: Gas
- Hea Dscrp 3: Gas
- Ife Dscrp 1: Hardwood Floors, Bathroom With Tub & Shower, Bathroom With Shower Stall
- Rms Dscrp 3: Living Room, Kitchen, Office/Den
- Rnt Dscrp 1: Water, Gas
- Rnt Dscrp 2: Water
- Rnt Dscrp 3: Water
- Utility Connections: For Gas Range, Varies Per Unit
- Year Round: Yes
- Electric Feature: 100 Amps, Individually Metered
- Flooring: Hardwood, Varies Per Unit, Bamboo, Wood Laminate, Vinyl / VCT
- Ife Dscrp 2: Balcony/Deck, Hardwood Floors, Bathroom With Tub & Shower
- Ife Dscrp 3: Hardwood Floors, Bathroom With Tub & Shower, Balcony/Deck
- Roof Material: Rubber
- Col Common: Window Ac
- App Common: Washer, Dryer
- Energy Features: Varies Per Unit
- Mf Type: 3 Family - 3 Units Up/Down
- Col Dscrp 1: Window Ac
- Col Dscrp 2: Window Ac
- Col Dscrp 3: Window Ac
- CONTINGENCY_TYPE: Pending P&S
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,679,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,679,300