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48 Boylston St Boston, MA 02130
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Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 4,992 sqft
Price per Sqft $400
MLS Listing ID 73343796
Sold Date 06/14/25
Bedrooms 6
Full Baths 6
Year Built 1905
Annual Tax Amount $13,843
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 5+ Family - 5+ Units Side by Side
Property Description
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%.
Location
State MA
County Suffolk
Area Jamaica Plain
Zoning R4
Direction CLOSE TO STONYBROOK TRAIN STATION & CITY FEED SHOP - MIDDLE OF BOYLSTON BETWEEN CHESTNUT & CENTRE
Rooms
Basement Full
Interior
Interior Features Storage, Crown Molding, Laundry Room, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Dining Room, Kitchen
Heating Steam, Oil, Common
Cooling Wall Unit(s)
Flooring Hardwood, Stone/Ceramic Tile
Appliance Washer, Dryer, Dishwasher, Disposal, Refrigerator
Laundry 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
Utilities Available for Gas Range, for Electric Oven, for Electric Dryer
Roof Type Rubber
Garage No
Building
Lot Description Level
Story 5
Foundation Granite
Sewer Public Sewer
Water Public
Schools
Elementary Schools Bps
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
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Bought with Brian Perry • Concept Properties