PRICE REDUCTION — Investment opportunity– Income-producing 3-family with zoning approval for a 4th unit (3-bed, 2-bath), bringing the total projected monthly rent roll to over $19,000 per month. Located in a prime Allston location on the MBTA Green Line, this property is near the 57 & 66 bus lines, Boston University, restaurants, shopping, and nightlife. It features a strong rental history with units leased through 8/31/27 (ALL units have renewed for an additional year). Current Yearly rental Income $162,500. Renewed leases 9/1/26-8/30/27 $169,200. Partially updated kitchens and baths, three separate heating systems (tenants pay all utilities), in-house laundry, and 2–3 tandem off-street parking spaces. This is a value-add opportunity with immediate cash flow.
- Heating System:
- Baseboard, Hot Water
- Basement:
- Full, Concrete
- Parking:
- Off Street, Paved Drive, Driveway
- Construction:
- Stone
- Flooring:
- Wood, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- 220 Volts, Individually Metered
- Garage Parking
- Lead Paint:
- Unknown
- Area:
- Allston
- Market Time:
- 62
- Parking Spaces:
- 3
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $527
- Zoning:
- Res
- No Units:
- 3
- Orig Price:
- $2,275,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02134
- Longitude:
- W72° 52' 16.2''
- Latitude:
- N42° 21' 6.6''
Residential Income
32 Chester St, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,175,000
- Bedrooms :
- 12
- Rooms :
- 18
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 4,128 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73467524
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
