Prime location Investment Opportunity in JP! This spacious 3-family residence offers a turnkey opportunity with a strong 45-year ownership history, generating $10,600 in monthly rent (Net Income: $97,514/yr). Building features 3 units with 3-5 beds each, 1 full bath, spacious layouts with a de-leaded first floor (4 years ago) and upper units updated within the last decade. Key amenities include in-unit laundry for the upper floors, 3 driveway parking spots, and rear decks. Residents will enjoy the large backyard and garden space in one of Boston’s most vibrant neighborhoods, ideally situated just a short walk from the Orange Line at Green Street and the community events on Lamartine St. The property boasts an exceptional location just minutes from Jamaica Pond and the bustling shops and restaurants along Centre Street. All units rented till Aug 31 2026. Sold AS-IS. Opportunity for owner renovations to increase future rental income. Any offers reviewed Wed 4/15/26 Noontime, make good 24
- Heating System:
- Forced Air, Steam, Oil, Natural Gas
- Basement:
- Full
- Parking:
- Stone/gravel, Off Street
- Exterior Unit Features:
- Garden
- Flooring:
- Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- no pet restrictions now., Per MA database house was lead tested and NO hazards were found. Seller does not have the report. A new four bedroom septic system is pending town approval and will be installed prior to closing. Basement has electric heat. Buyers must verify all information and perform their own due diligence., Taxes reflect owner occupied tax exemption and all measurements are approximate.
- Electric Feature:
- Circuit Breakers, 100 Amp Service
- Garage Parking
- Lead Paint:
- Certified Treated, Yes
- Area:
- Jamaica Plain
- Market Time:
- 21
- Parking Spaces:
- 3
- Tax Year:
- 2026
- Status:
- Closed
- Price Per Sqft:
- $342
- Zoning:
- 0
- No Units:
- 3
- Orig Price:
- $1,525,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02130
- Longitude:
- W72° 53' 23.8''
- Latitude:
- N42° 18' 47''
Residential Income
285 Chestnut Ave, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,525,000
- Bedrooms :
- 10
- Rooms :
- 17
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 5,013 Sqft
- Year Built :
- 1905
- Lot Area :
- 0.14 Acre
- Listing ID :
- 73499505
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
