Fantastic investment or development opportunity in the heart of Egleston Square. This freestanding mixed use 4 unit property is fully leased and features two commercial storefronts on the first floor, as well as two nicely renovated 4 bedroom/1 bath units on the second + third floors. Current net income eclipses $104K annually and is projected to increase by 10% for the 2024-2025 rental season. The commercial units are occupied by a barber shop and a mobile phone store and are on leases ending August 2024 + December 2026 w/5 year option respectively. The residential units feature dark stained hardwood floors, crown moldings, spacious kitchens w/stainless appliances + granite counters, tile baths, central A/C, in-unit laundry + rear decks. They are both on lease to 8/31/24. For developers, the property is located in the desirable Neighborhood Shopping (NS) zoning district which allows for a host of different uses and buildings as high as 45' with an FAR of 2.0. Pro-Forma upon request.
Off market
Zestimate®
$1,433,300
3106-3110 Washington St, Roxbury, MA 02119
8beds
4,280sqft
Multi Family
Built in 1930
-- sqft lot
$1,433,300 Zestimate®
$335/sqft
$3,584 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 73218226
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Basement: Yes
Interior area
- Total structure area: 4,280
- Total interior livable area: 4,280 sqft
Property
Lot
- Size: 3,484 sqft
Details
- Parcel number: JAMAW11P01534S000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Roxbury
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Estimated market value
$1,433,300