161 Allston Street is a 7 unit apartment building located in the Allston submarket of Boston, Massachusetts. This rare opportunity offers investors the chance to own a turnkey building in one of the most sought after sections of Boston. The property is sandwiched in between Boston College, Boston University, Saint Elizabeth's Medical Center, New Balance Headquarters as well as the ever-expanding Boston Landing mixed-use project. The subject property sits just 200 feet from the Allston Street Station on the Green Line. This transit-oriented location allows tenants easy access to all of Boston. The property was completely gut-renovated in 2023. All plumbing and electrical was updated, full sprinkler system was put in, new energy efficient windows were installed, and kitchens and bathrooms were updated. The property also features separate gas heating and water meter systems in which the tenants are responsible for heat and hot water costs.
— MLSPIN #: 73317400Map of 161 Allston, Boston, MA 02134
List Price: | $5,895,000 |
---|---|
Status: | Active |
MLS ID: | 73317400 |
Town: | Boston |
Neighborhood: | Allston |
County: | Suffolk |
Zip: | 02134 |
Property Type: | Residential Income |
Property Sub Type: | 5-9 Family |
Bedrooms: | 25 |
Full Baths: | 8 |
Living Area: | 6,690 sqft |
Taxes: | 23,861 |
Lot Features: | Other |
Status: | Active |
Water Source: | Public |
Year Built: | 1920 |
Directions: | Allston |
Foundation Details: | Concrete Perimeter |
Listing Contract Date: | 2024-12-04 |
Fireplace?: | Yes |
Lot Size Square Feet: | 0.09 |
Fireplaces Total: | 2 |
Rooms Total: | 25 |
Bathrooms Total Integer: | 8 |
Building Area Source: | Public Records |
Building Area Total: | 6,690 |
Levels: | 4 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 7 |
Parcel Number: | 3339924 |
Sewer: | Public Sewer |
Zoning: | Multi |
Stories Total: | 4 |
Year Built Source: | Public Records |
Farm Land Area Units: | Square Feet |
Gross Income: | $402,240 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | No |
Disclosure: | No |
Dpr Flag: | No |
Flrs 2: | 1 |
Flrs 3: | 1 |
Flrs 4: | 1 |
Gre: | 69,280 |
Lead Paint: | Unknown |
Lease 1: | Yes |
Lease 2: | Yes |
Levels 2: | 1 |
Levels 3: | 1 |
Levels 4: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $881.17 |
Page: | 1 |
Price Per Sqft: | $881.17 |
Square Feet Incl Base: | No |
Net Operating Income: | $320,893 |
Operating Expense: | $69,280 |
Original List Price: | $6,000,000 |
Tax Assessed Value: | $1 |
Tax Year: | 2024 |
Total Actual Rent: | $23,795 |
Year Built Details: | Actual |
Bedrms 1: | 4 |
Bedrms 2: | 4 |
Bedrms 3: | 3 |
Bedrms 4: | 4 |
F Bths 1: | 2 |
F Bths 2: | 1 |
F Bths 3: | 1 |
F Bths 4: | 1 |
Rent1: | 4,395 |
Rent2: | 5,100 |
Rent3: | 4,650 |
Rent4: | 5,000 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on March 12, 2025 02:52 AM
Property Last Updated: February 21, 2025 03:10 AM
Listing Courtesy of: Marcus & Millichap Real Estate Investment Services
Listing Agent: Evan Griffith
617-896-7221