3171 Washington Street, Jamaica PlainBoston, MA 02130MLS Number 72296567

  • Price: $1,495,000
  • 62 Days on Market
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Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.11Acreage
  • 1930Year Built
  • 5900Square Feet

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Amazing opportunity for business owners, investors and developers alike. Situated on an oversized 4,943 sq/ft lot, 3171 Washington Street is a mixed use building with a beautifully renovated turn-key restaurant space occupying the first floor and basement, and two residential units above. The sale includes the real estate as well as restaurant equipment + fixtures. For a restauranteur or someone in the food service business, this is a rare opportunity to own your own space and have monthly rental income to boot. For the investor, there are nice returns in renting the existing building out, or by potentially expanding the building. For the developer, the property is a part of the JP/Rox rezoning effort, which recommends allowing for up to 55' of height on this parcel. This has sparked rapid development in the neighborhood with more than 100 residential units either permitted or under construction within a 1 block radius. Don't miss you chance to get in on the action!

Listed by The Residential Group and Scott Johnson of William Raveis R.E. & Home Services

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More Info

Basic Information

  • List Price$1,495,000
  • StatusACT
  • Year Built SourcePublic Record
  • Year Built1930
  • LeaseNo
  • Date Listed03/21/2018
  • DirectionWashington Street between Boylston and Montebello.
  • MLS Number72296567
  • Status Date2018-03-21T17:54:00

Utilities

  • UtilitiesPublic Water, Private Sewer

Photos

  • Photo Date2018-03-21T17:54:00
  • Number of Photos28

Other

  • Modification Date2018-03-25T03:05:00
  • Certificate Number1471
  • Property TypeCommercial
  • Listing AlertNo
  • DisclosureNo
  • DisclosuresSquare footages are estimated based on public record. Current rental income from residential units is $3,100/month.
  • Book57391
  • Listing AgreementER w/Var.Rate Comm.
  • Rsf Bldg Sf1900
  • Prop TypeCI
  • Ref Bldg Sf4000
  • ExchangeNo
  • Firm Rmk1Buyer should do his/her own due diligence regarding zoning. Note that no liquor license is available or included in this sale. Seller has an SBA loan which may be assumable.
  • Parcel NumberW:11 P:02007 S:000
  • Page115
  • View Count2

Location

  • Street No3171
  • Building Number3171
  • StreetWashington Street
  • Zip02130
  • StateMA
  • CountySuffolk
  • NeighborhoodJamaica Plain
  • LocationUrban
  • TownBoston

Property

  • Acreage0.11
  • Parking Spaces4
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size4943
  • Assessed Value Land31000
  • Main LoM59500
  • Square Feet5900

Building

  • No Buildings1
  • No Of Restrooms5
  • No Stories3
  • Parking FeatureOpen, Paved Driveway
  • Total Units3
  • Total Bldg Sf5900
  • Entry OnlyNo
  • Assessed Value Bldg596000
  • Rsu Units2
  • Reu Units1
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02115

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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