11 Beds
6 Baths
Full Baths: 6
3,606 SqFt
2,613 Lot Size
1905 Year Built

Fully leased & recently renovated rental machine in ultra-convenient JP location! Want income from day 1? Mangiacotti Development long-term rental property is proudly offered for sale and is a turn-key investment. Bought in '11 & mostly gut renovated, with additional updates this summer. Rubber roof, Hardie siding, Azek trim, TimberTech railing systems. Gas combo boilers, + updated 200A electrical, plumbing, kitchens & baths. 2024 new windows, floors, full interior paint, bathroom updates. 2 sets of free laundry in basement, private storage rooms, front & back decks. All 3 units are leased until 8/31/25. Current monthly income = $12,220 (+room to grow next year). Low expenses & minimal maintenance. Close to Forest Hills for commuting. Building delivered with all leases & tenants in place; strong rental history since 2011. Ideal for 1031 investor, 5.5+% Cap rate.

Listed by Christian Iantosca Team of Arborview Realty Inc. , Sold By Christian Iantosca Team of Arborview Realty Inc.

GALLERY

PROPERTY DETAIL

Key Details

Sold Price $2,050,0004.7%
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3, 606 sqft
Price per Sqft $568
MLS Listing ID 73284362
Bedrooms 11
Full Baths 6
Year Built 1905
Annual Tax Amount $16,532
Tax Year 2025
Lot Size 2,613 Sqft
Property Sub-Type 3 Family - 3 Units Up/Down
Location

State MA
County Suffolk
Area Jamaica Plain
Zoning 3F
Building

Lot Description Level
Story 6
Foundation Other
Sewer Public Sewer
Water Public

Interior

Heating Baseboard, Natural Gas, Wall Unit
Cooling Window Unit(s)
Flooring Hardwood
Exterior

Exterior Feature Balcony/Deck, Garden
Fence Fenced
Community Features Public Transportation, Park, Walk/Jog Trails, Bike Path, T-Station
Utilities Available for Gas Range
Roof Type Rubber