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.
This home has been viewed 5 times
Last Checked: February 13th, 2026 at 6:13pm (Source: MLS PIN #73474217)
Gross Income: $63,600
Gross Expenses: $82,161
Net Income Calc: $18,561
CAP Rate: -0.14%
Annual Expenses for 56-58 Selkirk Road, Boston MA 02135
Total Gross Expenses (Calculated)$82,161/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$82,161
Annual Income & Unit Breakdown for 56-58 Selkirk Road, Boston MA 02135
Total Gross Income (Calculated)$63,600
Unit 1
Rental Income$2,850
LeaseY
Bedrooms1
Bathrooms
Floor3
Levels in Unit0
HeatingNo
Rent Includes
Unit 2
Rental Income$2,450
LeaseY
Bedrooms1
Bathrooms
Floor2
Levels in Unit0
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 56-58 Selkirk Road, Boston MA 02135
Listing ID73474217
Property TypeMulti Family
Price$13,250,000 ($510.4/SqFt)
Style5+ Family - 5+ Units Up/down
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total25,960 SqFt
Approximate Lot Size (Acres)0.3 acres
Total Parking6
Garage Parking
Year Built1930
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick
Lot FeaturesCorner Lot
Foundation Area1
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningA
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 56-58 Selkirk Road, Boston MA 02135
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$268,951
Total Gross Income By Broker$906,240
Total Net Income By Broker$595,975
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 56-58 Selkirk Road, Boston MA 02135
Real Estate Taxes$82,161
Tax Year2025
Assessed Value$7,095,200
Financial Data SourceOwner
Total Gross Expenses By Broker$268,951
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$906,240
BostonRealEstate.com Gross Income
Total Net Income By Broker$595,975
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.14%
Location Information for 56-58 Selkirk Road, Boston MA 02135
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Private School, University
Contact Information for 56-58 Selkirk Road, Boston MA 02135