NOW FULLY LEASED! Annual net income over $150,000 makes this an 8 CAP INVESTMENT! The building features a +/- 3,600 sq/ft commercial space (2,413 sq/ft first floor + basement) which is newly leased to a boxing gym on a 5 year lease with a 5 year option, NNN. The two residential apartments are newly renovated with hardwood floors, crown moldings, beautiful tile baths, white shaker kitchens with quartz counters, in unit laundry, central A/C and decks. These units are on lease to 8/31/25. The property comprises 2 lots which lends to potential future expansion. This is hands down THE BEST INVESTOR DEAL IN BOSTON! Call today for a private showing. Pro-Forma attached. OFFERS DUE 10/30 at 5PM.
3520 Washington Street, Boston, (Jamaica Plain), MA, 02130
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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