In-Person: 09/25 11:30 AM - 12:30 PM
Description
Turnkey Jamaica Plain three-family offering a 6.23% in-place cap rate with meaningful additional upside through future rent growth and the potential to add 1-2 additional bedrooms. Generating $17,375 per month and $208,500 annually in current rents, 44 Mozart Street provides investors with strong immediate cash flow while retaining the opportunity to further increase income and long-term returns. Spanning 4,608 square feet, the property offers an exceptional 14-bedroom, 8-bath unit mix across three spacious, updated residences: a 5-bedroom, 3-bath lower duplex, a 4-bedroom, 2-bath floor-through, and a 5-bedroom, 3-bath penthouse duplex. Each residence features generous living space, updated kitchens with granite countertops and stainless steel appliances, modern baths, hardwood floors, central air, in-unit laundry, and private rear outdoor space. Tandem off-street parking spaces further enhance the property's rental appeal. Ideally located just off Centre Street and approximately 0.3 miles from Jackson Square Orange Line Station, the property offers convenient access to the Longwood Medical Area, Northeastern University, Downtown Boston, public transportation, and the restaurants, shops, parks, and amenities that make Jamaica Plain one of Boston's most established rental markets. With substantial scale, strong in-place income, a large-bedroom unit mix, parking, private outdoor space, and additional value-add potential, 44 Mozart Street presents a compelling opportunity for investors seeking both immediate yield and long-term appreciation potential. An excellent candidate for a 1031 exchange, portfolio expansion, or long-term hold. Pro forma available upon request.
Details
| MLS # | 73573477 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 14 |
| Listing Provided By | Compass | Mission Realty Advisors |
Features
| Bed(s) | 14 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 4,608 |
| Story(s) | 5 |
| Units | 3 |
| Zoning | RES |
| Acreage | 0.06 |
Interior
| Rooms Total | 28 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Central |
| Interior Features | Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Slider, Living Room, Kitchen, Office/Den |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Hardwood, Tile |
Exterior
| Exterior Features | Balcony/Deck |
|---|---|
| Roof | Rubber |
| Construction Materials | Frame, Stone |
| Foundation Details | Granite |
| Lot Features | Corner Lot |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street, Tandem |
| Open Parking Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | 200+ Amp Service |
Taxes
| Tax Annual Amount | 23813.2 |
|---|---|
| Tax Assessed Value | 1902400 |
| Tax Year | 2027 |
Location
| Community Features | Public Transportation, Shopping, Park, T-Station |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02130 |
| Area | Jamaica Plain |
| Listing VS Median (in 02130) | |
Price: $2,675,000 low | high Med: $45,900 sqft: 4,608 low | high Med: 1,650 $ / sqft: $581 low | high Med: $86 On site: 14 low | high Med: 24 | |
Market Activity 02130
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Learn More About This Property
| Open House |
|---|
| In-Person 09/25 11:30 AM - 12:30 PM |
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02130 |
| Area | Jamaica Plain |
| Listing VS Median (in 02130) | |
Price: $2,675,000 low | high Med: $45,900 sqft: 4,608 low | high Med: 1,650 $ / sqft: $581 low | high Med: $86 On site: 14 low | high Med: 24 | |
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