48 Boylston St
Boston, MA 02130
- 6 beds
- 6 baths
- 4,992 sqft
- 4,840 sqft lot
- $460 per sqft
- 1905 build
- – on site
UNLOCK A LUCRATIVE INVESTMENT OPPORTUNITY: Own a Classic 6-Unit Multi-Family Gem in Central JP! This exceptional 6-unit multi-family building in the heart of JP. Prime location just minutes from the train station & the vibrant shops of Centre St., All units in this classic central entrance building are currently leased, offering immediate income potential. Spacious 1-bedroom/4-room unit features a generous living room, dining room & kitchen, private bedrooms at the rear of each unit provide a peaceful retreat. Major renovations undertaken in 2002 ensure that this property is well-maintained & move-in ready. A newer heating system, vinyl siding & newer windows contribute to its energy efficiency & overall appeal. With 5 of the 6 units currently TAW & rents currently below market value, there is tremendous potential for increased revenue. The pro forma for Fiscal Year 7/25 projects an impressive annual gross income of $183,000 & a promising cap rate of 6.2%.
Last checked:
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Last updated Mar 11, 2025
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MLS# 73343796 —
The Building
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Year Built:1905
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Year Built Details:Renovated Since
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Year Built Source:Public Records
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Construction Materials:Frame
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Roof:Rubber
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Basement:Full
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Foundation Details:Granite
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Window Features:Insulated Windows
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Patio And Porch Features:Porch
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Levels:9
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Stories Total:9
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Stories:9
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# of Units Total:6
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Building Area Total:4992
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Rooms Total:24
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Interior Features:Storage
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Flooring:Hardwood
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Fireplace:false
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Laundry Features:Electric Dryer Hookup
Room Dimensions
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Living Area:4992
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Living Area Source:Public Record
Location
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Directions:CLOSE TO STONYBROOK TRAIN STATION & CITY FEED SHOP - MIDDLE OF BOYLSTON BETWEEN CHESTNUT & CENTRE
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Latitude:42.331214
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Longitude:-71.118792
The Property
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Parcel Number:W:19 P:00340 S:000,1348696
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Property Type:Residential Income
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Property Subtype:5+ Family - 5+ Units Side by Side
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Lot Features:Level
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Lot Size Units:Acres
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Lot Size Area:0.11
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Lot Size SqFt:4840
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Lot Size Acres:0.11
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Zoning:R4
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Waterview:No
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Waterfront:false
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Farm Land Area Units:Square Feet
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Road Frontage Type:Public
Listing Agent
- Contact info:
- Office phone:
- (617) 676-4082
Taxes
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Tax Year:2024
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Tax Book Number:52195
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Tax Annual Amount:13843
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Tax Assessed Value:1270000
Beds
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Bedrooms Total:6
Baths
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Total Baths:6
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Total Baths:6
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Full Baths:6
The Listing
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Home Warranty:false
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Sub Agency Relationship Offered:No
Heating & Cooling
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Heating:Steam
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Heating:true
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Cooling:Wall Unit(s)
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Cooling:true
Utilities
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Utilities:for Gas Range
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Electric:Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Washer
Schools
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Elementary School:Bps
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
Parking
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/11/25
Mar 11, 2025
|
Listed / Active | MLSPIN | $2,300,000 |