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%.
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Last Updated: March 16th, 2025 at 4:53am
Gross Income: $0
Gross Expenses: $38,845
Net Income Calc: $-38,845
CAP Rate: -1.69%
Annual Expenses for 48 Boylston St, Boston MA 02130
Total Gross Expenses (Calculated)$38,845/year
APOD AvailableYes
Heating$8,809
Electricity$1,827
Water$2,779
Gas$2,779
Insurance$6,076
Sewer$2,779
Trash Removal$0
Repair & Maintenance$5,511
Management$0
Miscellaneous$0
Real Estate Tax$13,843
Annual Income & Unit Breakdown for 48 Boylston St, Boston MA 02130
Total Gross Income (Calculated)$0
Unit 1
Rental Income0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Water)
Unit 2
Rental Income0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Water)
Unit 3
Rental Income0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Water)
Unit 4
Rental Income0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Water)
General Information for 48 Boylston St, Boston MA 02130
Listing ID73343796
Property TypeMulti Family
Price$2,300,000 ($460.74/SqFt)
Style
CityBoston
CountySuffolk
MLS AreaJamaica Plain
Neighborhood(s)Brookline Village (Brookline) v1, Pill Hill / High St Hill (Brookline) v1
Approximate Living Area Total4,992 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking0
Garage Parking
Year Built1905
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionGranite
Accessible Features
Outdoor SpaceDeck, Porch
ZoningR4
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Interior Features for 48 Boylston St, Boston MA 02130
Disclosures for 48 Boylston St, Boston MA 02130
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureUNIT RENTS INCLUDES COST OF HEAT
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$25,002
Total Gross Income By Broker$183,000
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 48 Boylston St, Boston MA 02130
Elementary SchoolBps
Middle School
High School
Neighborhood(s)Brookline Village (Brookline) v1, Pill Hill / High St Hill (Brookline) v1
MLS AreaJamaica Plain
Area AmenitiesWalk/jog Trails, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Tennis Court(s), Private School, University
Contact Information for 48 Boylston St, Boston MA 02130