Mixed-Use 4-Unit with
3106-3110 Washington Street Boston, MA 02119
3106-3110 Washington Street, Boston, MA, 02119
$1,628,000
For Sale
$1,628,000
Four-family mixed-use building with two street-level commercial spaces and two residential units above.
Property Size4,280 SF
Price / SF$380.37
Days on Market111
Property Features for 3106-3110 Washington Street
General Information
- Standard status
- Active
- Size
- 4,280 SF
- Property subtype
- Multi-family / 4 Family - 4 Units Up/Down
Building Details
- Year Built
- 1930
Listing agency
Denkar Realty Group
(617) 792-7871
Listed by
Michael Kwan · License #9513113
(617) 792-7871
Source
Compass
Added: Apr 3 Updated: Jul 22 at 3:10AM Checked: Jul 22 at 3:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Denkar Realty Group
Investment Insights
Based on property information with market context.
This mixed-use property is configured as a four-family building with two commercial spaces and two residential units. Each residential level features four bedrooms, with a large living room and a dining-in kitchen; the layout can also be used as five bedrooms.
The property includes residential unit renovations completed approximately three years ago, with newer kitchen finishes featuring solid wood cabinets and granite countertops, refinished hardwood floors, and newer central A/C and forced-air heating systems. The commercial spaces are described as having long-term tenants.
The offering includes address 3106–3110 Washington Street, listed for sale as a combined investment property featuring both retail and residential income.
The property includes residential unit renovations completed approximately three years ago, with newer kitchen finishes featuring solid wood cabinets and granite countertops, refinished hardwood floors, and newer central A/C and forced-air heating systems. The commercial spaces are described as having long-term tenants.
The offering includes address 3106–3110 Washington Street, listed for sale as a combined investment property featuring both retail and residential income.
Key Highlights
- Mixed‑use 4‑family building with 2 street‑level commercial spaces and 2 residential units above
- Two residential units renovated about 3 years ago with newer kitchen (solid wood cabinets and granite countertops)
- Refinished hardwood floors plus newer central A/C and forced air heating in the renovated residential units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.8k | $37.80 |
| − Vacancy | −$7.3k | −$1.70 |
| EGI | $154.5k | $36.10 |
| − OpEx | −$46.4k | −$10.83 |
| NOI | $108.2k | $25.27 |
4,280 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.55M
$1.35M – $1.80M
NOI $108,153 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$1.44M
$1.26M – $1.68M
NOI $100,546 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$3.20M
$2.80M – $3.74M
NOI $224,340 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-family mixed-use building with two street-level commercial spaces and two residential units above.
Where is this quadplex located?
The property is located at 3106-3110 Washington Street Boston, MA.
What is the asking price?
The asking price for this property is $1,628,000.
What are key features of this property?
This property features: Mixed‑use 4‑family building with 2 street‑level commercial spaces and 2 residential units above; Two residential units renovated about 3 years ago with newer kitchen (solid wood cabinets and granite countertops); Refinished hardwood floors plus newer central A/C and forced air heating in the renovated residential units
