SELLER WILL GUARANTEE RENTS AT $6,500/MONTH PER UNIT TILL 8/31/25! Beautifully designed and built, each unit features 4 bedrooms/2 bathrooms, private outdoor space + parking. Enter into huge open floorplan living areas w/bay windows, plenty of room for living + dining furniture, access to side porches + beautiful kitchens w/shaker cabinets, quartz counters + gas cooking. The bedrooms are all spacious, and the primary bedrooms have walk-in closets. There are two bathrooms in each unit, one with a tub + one with a shower, and all are clad in beautiful tile w/high quality fixtures. Added perks include hardwood floors, crown moldings, in-unit laundry, 3 car parking and superior life safety protection w/sprinkler + fire alarm. A+ location just a few short blocks from the Green Street Orange Line T! PRO FORMA ATTACHED. DO THE MATH, THIS ONE WORKS!
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Last Updated: April 1st, 2025 at 8:33am
Gross Income: $234,000
Gross Expenses: $9,044
Net Income Calc: $224,956
CAP Rate: 7.20%
Annual Expenses for 285 Lamartine Street, Boston MA 02130
Total Gross Expenses (Calculated)$9,044/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$9,044
Annual Income & Unit Breakdown for 285 Lamartine Street, Boston MA 02130
Total Gross Income (Calculated)$234,000
Unit 1
Rental Income6500
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income6500
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income6500
LeaseY
Bedrooms4
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 285 Lamartine Street, Boston MA 02130
Listing ID73319759
Property TypeMulti Family / 3 Family
Price$3,125,000 ($658.31/SqFt)
Style
CityBoston
CountySuffolk
MLS AreaJamaica Plain
Neighborhood(s)
Approximate Living Area Total4,747 SqFt
Approximate Lot Size (Acres)0.15 acres
Total Parking3
Garage Parking
Year Built2023
Year Built SourceOwner
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsConventional (2x4-2x6)
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpaceDeck
Zoning3F-5000
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesThermostat, Insulated Windows
Terms
Interior Features for 285 Lamartine Street, Boston MA 02130
Disclosures for 285 Lamartine Street, Boston MA 02130
Lead PaintNone
UFFINo
Living Area Includes BasementYes
Living Area DisclosureGross area per floorplans
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data SourcePro. Forma Available
Total Gross Expenses By Broker$0
Total Gross Income By Broker$243,000
Total Net Income By Broker$243,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0%
Facilitator Compensation2.0%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 285 Lamartine Street, Boston MA 02130
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaJamaica Plain
Area AmenitiesWalk/jog Trails, Conservation Area, Public School, Shopping, Park, Medical Facility, Public Transportation, T-station, Tennis Court(s), Private School
Contact Information for 285 Lamartine Street, Boston MA 02130