This is it! Built in 2007, this Jamaica Plain 2 Family is a rare MONEY MAKER. Containing 2 side by side units and a lot of expansion/value add potential. The larger right side unit contains 12 bedrooms, 3 bathrooms with a monthly income of $13,400. Left side unit is a 3 Bed, 1 bathroom apartment rented under market to BHA for $3,745/month. Unit(s) can be delivered vacant for the right offer. Huge high ceiling basement with interior and walk-out access ideal for ADU ideas. Current owner has development plans available (Not Approved or Permitted) for potential 6 units development of existing footprint, or knock down and rebuild new both a 3-family and a 2-family. Or develop by-right 2 side-by-side townhouses. Or sit back and collect the $17k monthly income and %8+ Cap Rate. Building is professionally managed and the property manager is willing to stay on. Great location in the desirable Woodbourne section of JP and close to Forest Hills T Station. Pro forma available by request.
- Basement:
- Full, Walk-out Access, Interior Entry, Concrete
- Parking:
- Off Street, Paved, Paved Drive
- Construction:
- Frame
- Flooring:
- Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- Individually Metered, Common, 200+ Amp Service
- Garage Parking
- Lead Paint:
- No
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup
- Area:
- Jamaica Plain's Forest Hills
- Market Time:
- 31
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $223
- Zoning:
- Res
- No Units:
- 2
- Orig Price:
- $1,599,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02130
- Longitude:
- W72° 53' 6.5''
- Latitude:
- N42° 17' 37.3''
Residential Income
56 Patten, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,550,000
- Bedrooms :
- 15
- Rooms :
- 20
- Total Bathrooms :
- 4
- Full Bathrooms :
- 4
- Square Footage :
- 6,939 Sqft
- Year Built :
- 2007
- Lot Area :
- 0.20 Acre
- Listing ID :
- 73478577
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com