$2,300,000
48 Boylston St
Boston, MA, 02130
UNLOCK A LUCRATIVE INVESTMENT OPPORTUNITY: Own a Classic 6-Unit Multi-Family Gem in Central JP! This exceptional 6-unit multi-family building in the heart of JP. Prime location just minutes from the train station & the vibrant shops of Centre St., All units in this classic central entrance building are currently leased, offering immediate income potential. Spacious 1-bedroom/4-room unit features a generous living room, dining room & kitchen, private bedrooms at the rear of each unit provide a peaceful retreat. Major renovations undertaken in 2002 ensure that this property is well-maintained & move-in ready. A newer heating system, vinyl siding & newer windows contribute to its energy efficiency & overall appeal. With 5 of the 6 units currently TAW & rents currently below market value, there is tremendous potential for increased revenue. The pro forma for Fiscal Year 7/25 projects an impressive annual gross income of $183,000 & a promising cap rate of 6.2%.
Property Details
Price:
$2,300,000
MLS #:
73343796
Status:
Active
Beds:
6
Baths:
6
Address:
48 Boylston St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
Neighborhood:
Jamaica Plain
City:
Boston
Listed Date:
Mar 11, 2025
State:
MA
Finished Sq Ft:
4,992
Total Sq Ft:
4,992
ZIP:
02130
Lot Size:
4,840 sqft / 0.11 acres (approx)
Year Built:
1905
Units:
6
Schools
Elementary School:
Bps
Interior
Appliances
Washer, Dryer, Dishwasher, Disposal, Refrigerator
Bathrooms
6 Full Bathrooms
Cooling
Wall Unit(s)
Flooring
Hardwood, Stone/ Ceramic Tile
Heating
Steam, Oil, Common
Laundry Features
Electric Dryer Hookup
Exterior
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Bike Path, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Roof
Rubber
Financial
Tax Year
2024
Taxes
$13,843
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Focus Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
48 Boylston St
Boston, MA
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