Active
58 Days on market
32 Gordon Street Boston — Photo 1 of 32

32 Gordon Street Boston — Photo 1 of 32

$1,850,000

Investment Analysis — 32 Gordon Street

Boston, MA 02134 — Allston

Based on rent reported on the MLS listing, a 3-unit multi-family in 02134 carries $10,145/mo in gross rent — about a 3.99% cap rate and $73,893/yr in estimated NOI at the $1,850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

3

SqFt

4,169

Style

3 Family

Built

1900

THE ULTIMATE INVESTMENT. Fully tenanted 3 FAMILY in a prime Allston location TOGETHER WITH APPROVALS TO CONVERT TO A 6 FAMILY! The building is currently leased to 8/31/27 with gross income at $118,000/annually. Keep it as a fantastic huge 3-family, or when leases end, START THE EASIEST CONVERSION PROJECT GOING, simply gut the building, excavate into the basement, change the roof dormers, update utilities and build out as a 6,263 SF. MONSTER OF A 6 FAMILY BUILDING, ready for condo conversion or to be put to work as your our personal cash cow.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,850,000
Annual Taxes$18,629

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms17
FireplacesNone
FlooringTile, Hardwood
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
Zoning3F-4000

Property & Lot

Acres0.1
SqFt Lot4,345
Lot FeaturesOther

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Listing Provided By

Listing Agent: The Residential Group

Listing Office: Coldwell Banker Realty - Brookline

MLS® Number: 73551275