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You are here:
Home Massachusetts Boston Jamaica Plain Multi-Family Homes for Sale

48-50 Spring Park Ave Boston, MA 02130

$1,600,000
3 Unit
12 Beds
6 Baths
5019 SQFT
0.11 Acre
48-50 Spring Park Ave
Boston, MA 02130

Property Description

Huge 5,019 sq. ft. three-family home with strong long-term rental history right off of thriving Centre Street! This is a top-notch commuter location close to the Stony Brook T, several bus lines & many local conveniences, with current monthly rents totaling $9,380. All tenants will be vacating at end of 8/31/24 leases. The owners previously resided in #50 (right side) which feels much like a single-family townhome, encompassing 3 stories, 5 beds & 2.5 baths. The left side of the home (#48) is comprised of 2 units up & down, with 2 beds/1 bath on the main floor and an upper duplex unit w/ 5 beds/2 baths on the 2nd & 3rd floors. Each unit in 48 has a new ’22 boiler and ’13 kitchen remodel. There are separate basements for 48 and 50, as well as 3 separate gas heating systems/HW, + private laundry for each. Enjoy a back yard with flowering trees. Just a short walk to the Stony Brook T, little City Feed, Whole Foods, SW Corridor Park, or Jamaica Pond. Any offers reviewed Tues noon.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Amenities: Bike Path, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Interior Access
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Heating: Central Heat, Extra Flue, Forced Air, Gas, Heat Pump, Hot Water Radiators, Oil, Steam

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 112560
  • Gross Expenses: 32597
  • Net Operating Income: 79963

Utilities

  • Heat Zones: 3
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73231864
  • Last Updated: 05/08/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/08/2024Contingent$1,600,000$319MLSPIN
05/05/2024Active$1,600,000$319MLSPIN
05/01/2024New$1,600,000$319MLSPIN

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Seller's Representative: Christian Iantosca Team, Arborview Realty Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-05-08 09:12:00

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