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.
This home has been viewed 31 times
Last Checked: March 27th, 2026 at 4:29am (Source: MLS PIN #73467524)
Gross Income: $166,800
Gross Expenses: $34,822
Net Income Calc: $131,978
Annual Expenses for 32 Chester St, Boston MA 02134
Total Gross Expenses (Calculated)$34,822/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax23362.39
Annual Income & Unit Breakdown for 32 Chester St, Boston MA 02134
Total Gross Income (Calculated)$166,800
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms4 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms5
Bathrooms5 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms3 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 32 Chester St, Boston MA 02134
Listing ID73467524
Property TypeMulti Family / 3 Family
Price2175000 ($526.89/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaAllston
Neighborhood(s)
Approximate Living Area Total4128
Approximate Lot Size (Acres)0.11
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRes
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 32 Chester St, Boston MA 02134
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNo
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 32 Chester St, Boston MA 02134
Real Estate Taxes23362.39
Tax Year2026
Assessed Value$1,866,400
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 32 Chester St, Boston MA 02134
Neighborhood(s)
MLS AreaAllston
Area AmenitiesWalk/jog Trails
Contact Information for 32 Chester St, Boston MA 02134