Rare value add and redevelopment opportunity in the heart of Allston. This side by side two family offers 16 bedrooms, 6 baths, 6 off street parking spaces, and a large basement with exceptional ceiling height on a 5,951 SF R2 lot. Unit 20 is leased at $10,800/month, while Unit 22 is leased at $6,583/month, for a current gross rental income of $17,383/month ($208,596/year). Unit 22 offers significant upside supported by prior MLS rental history, with gross rental income potential of approximately $240,000/year. All utilities are tenant paid. Ideal for investors seeking immediate cash flow while pursuing future value add or redevelopment opportunities. Positioned steps from BU, the Green Line, Barry’s Corner, Harvard’s Enterprise Research Campus, the $2B Allston Multimodal Project, and Harvard’s planned 358 acre expansion, placing the property in one of Boston’s most compelling long term investment corridors. Pro forma available upon request.
Storage, High Speed Internet, Bathroom With Tub, Bathroom With Tub & Shower, Internet Available - Broadband, Internet Available - DSL, Internet Available - Fiber-Optic, Internet Available - Satellite, Internet Available - Unknown, Other, Living Room, Dining Room, Kitchen, Laundry Room, Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Living RM/Dining RM Combo
Parking features: Paved Drive, Off Street, Tandem, On Street, Assigned, Common, Guest, Deeded, Driveway, Paved, Other
Uncovered spaces: 6
Features
Patio & porch: Porch
Exterior features: Rain Gutters, Other
Fencing: Fenced/Enclosed
Has view: Yes
View description: Scenic View(s)
Lot
Size: 5,951 Square Feet
Features: Cleared, Level, Other
Details
Parcel number: W:21 P:00701 S:000,1208098
Zoning: R2
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 Family - 2 Units Side by Side
Materials
Frame, See Remarks
Foundation: Block, Stone, Granite
Roof: Shingle,Rubber,Other
Condition
Year built: 1885
Utilities & green energy
Electric: Circuit Breakers, 200+ Amp Service, Common
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Gas Oven
Community & HOA
Community
Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other, Sidewalks