20-22 Highgate St, Boston, MA 02134

$2,549,000
16
BD
6
BA
5,010
SqFt

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Listing courtesy of Listing Agent: Waypoint Realty Group from Listing Office: Coldwell Banker Realty - Boston.

List Price
$2,549,000
Status
ACTIVE
Days on Market
62
Price Change
▼ $100,000 1783365626
MLS#
73529505
Subtype
Residential Income
Year Built
1885
Bedrooms
16
Bathrooms
6
Full Baths
6
Living Area
5,010
Lot Size
5,951
Acres
0.14
MLS Area Major
Allston

Property Description

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.

Additional Information

Interior Features
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
Exterior Features
Rain Gutters, Other
Taxes
$23,972
Zoning
R2
Flooring
Wood, Tile, Varies, Hardwood, Other, Stone/Ceramic Tile
Appliances
Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
Heating
Central, Forced Air, Natural Gas
Air Conditioning
Central Air
Exterior Features
Frame, See Remarks
Stories
6
Levels
6
Foundation
Block, Stone, Granite
Parking Features
Paved Drive, Off Street, Tandem, On Street, Assigned, Common, Guest, Deeded, Driveway, Paved, Other
View
Scenic View(s)

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