$5,850,000 435 Walnut Avenue Boston, MA

MLS: 73011179   Type: Multi-Family   County: Suffolk   City: Boston   Area: Jamaica Plain   Zip: 02119   Style: 5+ Family - 5+ Units Up/Down   # Rooms: 55    Stories: 3   Taxes: $23,267

Mortgage $27,465 /mo



Half Baths

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Rarely available freestanding brick building boasting 13 residential units and over 14,000 sq/ft in Jamaica Plain. There is (1) studio residence, (4) one-bedroom units, (3) two-bedroom units, (1) three-bedroom and (4) four-bedroom residences. All units are updated with hardwood floors, gas cooking and heating, crown moldings, granite countertops, tile baths, in-building laundry and more. The building is located in the Parkside neighborhood of Jamaica Plain, and has annual rents starting 9/1 which are projected at $393K/annually. This is a fantastic asset with incredible upside for its next owner. Open House Thursday, 7/14 from 1PM-2:30PM.

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Price History

7/13/2022 Listed $5,850,000

Appliances Utility Connections for Gas Range
Building Area Units Square Feet
City Boston
Community Features Public Transportation, Shopping, Park, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station
County Suffolk
Directions Parkside Jamaica Plain
Disclosures Income And Expenses Based On Pro-Forma After 8/31/22 Renewals/New Leases. Photos Shown Were Taken After Renovations And/Or Between Tenant Move-Ins. All Units Are Currently Tenanted.
Garage Spaces, Detached Garage 0
Garage Y/N No
Grossincome 393180
Lot Size Square Feet 6020
MLS Area Jamaica Plain
Net Operating Income 322101
Operatingexpense 71079
Property SubType 5+ Family - 5+ Units Up/Down
Property Type Residential Income
Sewer Public Sewer
Showing Instructions Call List Agent, Call Jason Manganello At 617-877-5694
Standard Status Active
Status Active
Street Name Walnut Avenue
Tax Annual Amount 23267
Tax Year 2022
TaxAssessedValue 2138500
Total Actual Rent 32765
Total Rooms 55
Total Units 13
Utilities for Gas Range
Waterfront Y/N No
Year Built 1930
Year Built Details Approximate
Yearbuiltsource Public Records
Zoning 2F-4000

Interior Features

Fireplace Y/N No
Flooring Varies Per Unit
Full Baths 13
Half Baths 3
Total Baths 16
Total Bedrooms 29
Total Fireplaces 0
Total Stories 3

Exterior Features

Building Area Total 14088
Covered Spaces 0
Foundation Details Other
Lot Features Other
Lot Size Acres 0.14
Lot Size Area 0.14
Lot Size Units Acres
Road Frontage Type Public
Total Parking 0
Water Source Public

Property Schools

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Gallery (37 photos)

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Property vs Zip Code Avg (02119)

Price 5.85M Avg 2.44M

Sqr Feet 14,088 Avg 6,153

Cost / Sqr Ft $415 Avg $398

Taxes $23,267 Avg $12,295

Acres 0.14 Avg 0.17

Visits 3 Avg 27

Days on Site 34 Avg 61

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Listed By: The Residential Group with William Raveis R.E. & Home Services.

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Location & Address

Gallagher Real Estate
1763 Northampton St
Holyoke, MA