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Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,280 sqft
Price per Sqft $332
MLS Listing ID 73287397
Bedrooms 8
Full Baths 2
Half Baths 2
Year Built 1930
Annual Tax Amount $10,454
Tax Year 2025
Lot Size 3,484 Sqft
Property Description
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.
Location
State MA
County Suffolk
Area Jamaica Plain
Zoning NS
Exterior
Roof Type Rubber
Building
Lot Description Other
Story 7
Foundation Other
Sewer Public Sewer
Water Public
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Bought with Michael Kwan • Denkar Realty Group