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
Sold Date 10/08/24
Bedrooms 11
Full Baths 6
Year Built 1905
Annual Tax Amount $16,532
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type 3 Family - 3 Units Up/Down
Location

State MA
County Suffolk
Area Jamaica Plain
Zoning 3F
Direction Dead-end off Hyde Park Ave; close to Forest Hills T / Bus Station.
Rooms

Basement Full, Walk-Out Access, Interior Entry, Concrete
Building

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

Interior

Interior Features Ceiling Fan(s), Storage, Crown Molding, Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Upgraded Cabinets, Pantry, Living Room, Kitchen, Mudroom, Dining Room
Heating Baseboard, Natural Gas, Wall Unit
Cooling Window Unit(s)
Flooring Hardwood
Appliance Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
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
Garage No
Others

Senior Community false