$ 1,135,000 $ 1,199,000 5.3%

289 Chestnut Ave

Boston, MA 02130

  • 8 Beds
  • 3 Baths
    Full Baths: 3
  • 3,634 SqFt
  • 4,356 Lot Size
  • 1905 Year Built
Coveted location, walk to everything central JP Multifamily, all 3 units are fully rented through 8/31/2024 totaling $ 6,825 per month (under-market). Charming Victorian details, large units, 3 new gas furnaces, newer vinyl windows. All units have in unit laundry, wood floors, original Mouldings, hi-ceilings. Unit 1 has back deck, and all units share back yard. Exceptional opportunity to own a fully rented, prime location 3 family investment home. Like to renovate, bring your vision to improve kitchens, baths, plumbing, electrical, & exterior etc. Current landlords have cared for this home since 1988, but now it's time for a new chapter. 3rd floor has de-lead certificate. Photos are of unit 2 and 3 which are more updated than unit 1. So much potential in an A+ rental location mins from Green St. T, Centre st, Southwest corridor park, JP Pond etc. Please note none of the 3 units can be vacant at closing as all have 1-year leases in place that owner will assume.
Listed by Christian Iantosca Team of Arborview Realty Inc. , Sold By Christian Iantosca Team of Arborview Realty Inc.

Unit 1


Unit 2

Unit 3

  • Key Details

    Sold Price $1,135,0005.3%

    Property Type Multi-Family

    Sub Type 3 Family - 3 Units Up/Down

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 3, 634 sqft

    Price per Sqft $312

    MLS Listing ID 73161706

    Bedrooms 8

    Full Baths 3

    Year Built 1905

    Annual Tax Amount $14,691

    Tax Year 2024

    Lot Size 4,356 Sqft

    Property Sub-Type 3 Family - 3 Units Up/Down

  • Location

    State MA

    County Suffolk

    Area Jamaica Plain

    Zoning 3F-5,000

  • Building

    Lot Description Other

    Story 6

    Foundation Stone

    Sewer Public Sewer

    Water Public

  • Interior

    Heating Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas)

    Cooling Unit 1(None), Unit 2(None), Unit 3(None)

  • Exterior

    Exterior Feature Deck - Wood

    Roof Type Shingle, Rubber

Improvements

Unit 3
New refrigerator $900
 
New washer & dryer $1,600
 
New windows $3,200
 
New furnace (2022) $10,000
 
Deleading and touch-up painting $8,000
 
 
Unit 2
New washer and drain line $3,000
 
New dishwasher & plumbing $2,000
 
New wall cabinets - kitchen and pantry $2,000
 
Apartment painted $8,000
 
New windows $5,600
 
New furnace (2022) $10,000
 
 
Unit 1
New windows $4,000
 
New furnace (2023) $10,000
 
Heat duct cleaning $1,000
 
 
Front Porch
New rubber roof (3 years old) $10,000
 
New decking $1,500
 
Rear porch
New roofing and gutters $5,000
 
Rebuilt stairs $2,500
 
 
Exterior
Window trim and gutters repainted $5,000


TOTAL $93,300

CONTACT

Christian Iantosca
Christian Iantosca

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message