BRAND NEW, FULLY GUT RENOVATED APARTMENT BUILDING FOR SALE OFF COMM AVE - Turnkey/Condo quality 7 unit apartment building located in a prime Allston location. ~$402,600 Gross income through 8/31/26. Lots of upside potential in the rents! All plumbing and electrical was newly updated, a full sprinkler system was installed, new energy efficient windows, designer Kitchens & Bathrooms, Gleaming New Hardwood flooring. Brand New Gas HVAC and separate water meters (Tenants pay all utilities). The property is located 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. Pro-forma and floor plans available upon request.
This home has been viewed 10 times
Last Checked: June 20th, 2026 at 4:28am (Source: MLS PIN #73518934)
Gross Income: $241,800
Gross Expenses: $25,985
Net Income Calc: $215,815
Water Views
Annual Expenses for 159-161 Allston, Boston MA 02134
Total Gross Expenses (Calculated)$25,985/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax25985.56
Annual Income & Unit Breakdown for 159-161 Allston, Boston MA 02134
Total Gross Income (Calculated)$241,800
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor0
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit0
Rent Includes
General Information for 159-161 Allston, Boston MA 02134
Listing ID73518934
Property TypeMulti Family / 5+ Family
Price5750000 ($859.49/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaAllston
Neighborhood(s)
Approximate Living Area Total6690
Approximate Lot Size (Acres)0.09
Total Parking0
Garage Parking0
Year Built1920
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 Space
Zoning0112
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 159-161 Allston, Boston MA 02134
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
Financial Data Source
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 159-161 Allston, Boston MA 02134
Real Estate Taxes25985.56
Tax Year2025
Assessed Value$4,467,500
Financial Data Source
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 159-161 Allston, Boston MA 02134
Neighborhood(s)
MLS AreaAllston
Area AmenitiesWalk/jog Trails
Contact Information for 159-161 Allston, Boston MA 02134