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3169-3171 Washington St, Jamaica Plain, MA 02130

4 Bed, 5 Bath Multi-Family Home For Sale

3169-3171 Washington St, Jamaica Plain, MA 02130 House For Sale - MLS #72398544
Off the Market
$1,189,000
4
5
Multi-Family
3 Family

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Property Description for 3169-3171 Washington St, Jamaica Plain, MA 02130

$100,000 price reduction ! Ripe for success in a prime area of robust growth. Situated on an oversized 4,943 sq/ft lot, this amazing mixed-use building features a gleaming turn-key 50-70+/- person restaurant space on 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 a monthly rental income offset occupancy costs. 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.

Interior Details

5,908 sq. ft.
$201.25/sq. ft.

Exterior Details

0.11 acres
4,791 sq. ft.
4

Other Details

72398544
1930

Units Description

Unit #1
Rooms: 6      Full / Half Baths: 3      Levels: 2      Floor: 1     

Unit #2
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 2      Rent: $1,500      Lease: Yes

Unit #3
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 3     

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Monthly Mortgage Payments

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Town Description

Jamaica Plain, or "JP" as the locals call it, is a classic "streetcar suburb" that has evolved into one of Boston's most diverse and dynamic neighborhoods. The ethnically diverse area is home to many...

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