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$3,096,000
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106-108 Hyde Park Ave
Boston, MA 02130
18 bed 7 bath 6,825 SqFt ($453/SqFt)
6,098SqFt lot. Built 1920
Listed 2024-03-14
Ⓧ USDA Ineligible
due to price & location

near Boston

Best investment in JP!

Cash Cow. 2 attached 3-family dwellings with firewall allowing both commercial and residential financing options. Recent exteror renovation. Hot rapidly growing popular JP location adjacent to newly renovated Forest Hills T hub (Orange line and bus lines). 100% Turnkey investment with leases through 8/24 - and several units through 8/25! Generates over $20, 000/month with room to increase! Listed expenses include 23 RE tax, WandS, pub electric, insurance & cleaning/trash.

Well managed, large lots, deep basements upside potential! Units have varying floor plans, private back balconies & large rear patio and yard 2 units central AC. Coin-op laundry & storage units in basements. High walk score for transit, restaurants, shop s, services. Nearby new greenway with biking/walking path. Please refer to the comprehensive virtual tour attached to listing comprising all units, common areas and exteriors. Do the math this is an exceptional investment opportunity!!


Presented by Steven E. Rosen at
Rysen Real Estate.


Property MLS #73212608 from MLSPIN

Bedrooms: 18

Total Rooms: 36
Basement Description: Full

Total Bathrooms: 7
Full Bathrooms: 7

Ceiling Fan(s)
Living Room
Kitchen
Flooring: Wood, Tile, Vinyl, Laminate

Range
Dishwasher
Microwave
Refrigerator
Plumbed For Ice Maker
Laundry Features: Electric Dryer Hookup

Cooling Features: Central Air

Balcony
Rain Gutters
Fencing: Fenced
Patio And Porch Features: Porch
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Lot Description: Level, Sloped
Lot Size Acres: 0.1399908
Lot Size Square Feet: 6098

Open Parking: Yes
Parking Features: On Street

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 255744
Rent Includes: Unit 1(Water)

Number of Units: 6

Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, Sidewalks

Annual Tax Amount: 24021.25
City Region: Jamaica Plain's Forest Hills
Source Listing Status: Active
County: Suffolk
Directions: GPS
Tax Year: 2023
Source Property Type: Residential Income
Zoning: R3
Property Subtype: 5-9 Family
Source System Name: C2C

Listed 2024-03-14
$3,096,000
MLSPIN
Listing removed 2023-11-18
$3,395,000
MLSPIN
Listed 2023-09-09
$3,395,000
MLSPIN
Listing removed 2022-12-31
$3,189,000
MLSPIN
Listing removed 2022-12-12
$3,189,000
MLSPIN
Price Changed 2022-12-08
$3,189,000
MLSPIN
Price Changed 2022-12-01
$3,195,000
MLSPIN
Price Changed 2022-11-17
$3,090,000
MLSPIN
Price Changed 2022-11-09
$3,100,000
MLSPIN
Price Changed 2022-10-28
$3,110,000
MLSPIN
Price Changed 2022-10-14
$3,100,000
MLSPIN
Price Changed 2022-09-30
$3,120,000
MLSPIN
Price Changed 2022-09-22
$3,124,000
MLSPIN
Price Changed 2022-06-15
$3,110,000
MLSPIN
Price Changed 2022-06-01
$3,240,000
MLSPIN
Price Changed 2022-04-29
$3,250,000
MLSPIN
Listed 2022-03-31
$3,350,000
MLSPIN

Net Operating Income: 204144
Operating Expense: 51600

Electric: Circuit Breakers
Sewer: Public Sewer
for Gas Range
for Gas Oven
for Electric Dryer
Icemaker Connection
Water Source: Public

Year Built: 1920
Building Area Total: 6825
Building Area Units: Square Feet
Construction Materials: Frame
Foundation Details: Stone
Property Age: 104
Roof: Rubber
Levels or Stories: 9
Year Built Details: Approximate
Year Built Source: Public Records

Boston Teachers Union School is a public elementary and middle school located approximately 0.2 miles away.
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Italian Home For Children is a private elementary and middle school located approximately 0.7 miles away.
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The English High School is a public high school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.