$33,520/Month Rent Roll with Renewals through 2026. Turnkey-Condo quality 7 unit apartment building located in the Allston submarket of Boston, Massachusetts. 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. 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 which allows tenants easy access to all of Boston.
This home has been viewed 66 times
Last Checked: October 15th, 2025 at 4:29am (Source: MLS PIN #73349929)
Gross Income: $241,080
Gross Expenses: $23,861
Net Income Calc: $217,219
CAP Rate: 3.75%
Annual Expenses for 161 Allston Street, Boston MA 02134
Total Gross Expenses (Calculated)$23,861/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$23,861
Annual Income & Unit Breakdown for 161 Allston Street, Boston MA 02134
Total Gross Income (Calculated)$241,080
Unit 1
Rental Income$4,395
LeaseY
Bedrooms4
Bathrooms2 Full
Floor0
Levels in Unit0
HeatingNo
Rent Includes
Unit 2
Rental Income$5,595
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$5,100
Lease
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$5,000
Lease
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 161 Allston Street, Boston MA 02134
Listing ID73349929
Property TypeMulti Family / 5+ Family
Price$5,795,000 ($866.22/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaAllston
Neighborhood(s)
Approximate Living Area Total6,690 SqFt
Approximate Lot Size (Acres)0
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter,Brick/Mortar
Accessible Features
Outdoor Space
ZoningMulti
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 161 Allston Street, Boston MA 02134
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$69,280
Total Gross Income By Broker$402,240
Total Net Income By Broker$320,893
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 161 Allston Street, Boston MA 02134
Real Estate Taxes$23,861
Tax Year2024
Assessed Value$1
Financial Data Source
Total Gross Expenses By Broker$69,280
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$402,240
BostonRealEstate.com Gross Income
Total Net Income By Broker$320,893
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.75%
Location Information for 161 Allston Street, Boston MA 02134
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaAllston
Area Amenities
Contact Information for 161 Allston Street, Boston MA 02134
Agent
Name: Evan Griffith
Office
Name: Marcus & Millichap Real Estate Investment Services