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29877207
29877214

56-58 Selkirk Rd, Boston, MA 02135

SERHANT
Listed by SERHANT
$13,250,000
102 days on market
Updated 84 days ago

Selkirk Place Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 25,960
Units 30
Cap Rate 4.84%
NOI $641,000
Occupancy 96%
Price per SqFt $510
Class B
Year Built 1930
Year Renovated 2025
Parking Spaces 6 spaces
Parking Per SqFt 0.23
Investment Type Value Add
Occupancy Date 02/23/2026
Ground Lease No
Ownership Mortaged

Assumable 4.5% Interest Rate | Generational Boston Multi-Family Asset | 30 Units

Marketing description

Assumable 4.5% Debt! Generational Boston Multi-Family Asset in the growing Allston/Brighton suburbs of Boston. Welcome to "Selkirk Place Apartments" is located at 56-58 Selkirk Road in the Cleveland Circle. Bold, timeless, and built to perform—this impeccably maintained 30-unit, three-story red brick multifamily is the kind of Boston asset investors chase. Featuring an ideal unit mix of 17 one-bedrooms and 13 two-bedrooms, the property spans approximately 25,960 square feet on a 13,275-square-foot lot and includes six surface tandem parking spaces. Selkirk Place Apartments delivers what renters want most: open-concept layouts flooded with natural light, hardwood floors, soaring ceilings, eat-in kitchens, oversized bedrooms, and private outdoor space. Thoughtful amenities like on-site laundry and bicycle storage round out this value-add opportunity that blends classic Boston character with modern livability—positioned for both long-term stability and upside.

Listing Contacts

SERHANT
Listed by SERHANT

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$641,000.00
$53,416.67/mo

Valuation Metrics

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DSCR
4.84%
Cap Rate
4.84%
ROI

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