$2,549,000

House for sale Boston
Property photo number 1 of 16 Photos for Property. File  104851944_29_28fe7ba28a7f51636bf4707ceb284006.jpeg

Overview

SUMMARY: Discover an opportunity with this Boston house for sale and available for $2,549,000. This could be your next ideal home or a smart investment. More details await.
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.
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Details

  • Beds: 16
  • Baths: 6
  • Price: $2,549,000
  • Area: 5,010 sqft

Location

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