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28840641
28840642

161 Allston St, Boston, MA 02134

SR
MA CN247068
Rose - Intelligence
Listed by Rose - Intelligence
$5,850,000
177 days on market
Updated 2 days ago

161 Allston

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,920
Units 7
Cap Rate 5.84%
NOI $341,850
Occupancy 100%
Pro-Forma Cap Rate 5.84%
Pro-Forma NOI $341,850
Price per SqFt $656
Broker Co-Op Yes
Year Built 1920
Year Renovated 2024
Buildings 1
Stories 3
Lot Size (SqFt) 3,765
Zoning Multifamily Residential
Investment Type Stabilized
Occupancy Date 08/28/2026
Ground Lease No

Multifamily | 7 Units | $835,714/unit

Marketing description

BRAND NEW, FULLY GUT RENOVATED APARTMENT BUILDING FOR SALE OFF COMM AVE - Turnkey/Condo quality 7 unit apartment building located in a prime Allston location. ~$402,600 Gross income through 8/31/26. Lots of upside potential in the rents! All plumbing and electrical was newly updated, a full sprinkler system was installed, new energy efficient windows, designer Kitchens & Bathrooms, Gleaming New Hardwood flooring. Brand New Gas HVAC and separate water meters (Tenants pay all utilities). The property is located 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 which allows tenants easy access to all of Boston.

Listing Contacts

SR
MA CN247068
Rose - Intelligence
Listed by Rose - Intelligence

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$341,850.00
$28,487.50/mo

Valuation Metrics

0
DSCR
5.84%
Cap Rate
5.84%
ROI

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Additional Information

Name
Sean Rose
License
CN247068
Brokerage
City Realty Group
Brokerage Phone
6179978351
Title
Senior Associate
Brokerage Address
500 Lincoln Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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