Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

32 Chester St

Allston - Boston, MA ID #73467524

Property Description

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.

Additional Details

  • Status: PCG
  • Type: Multi-Family, 3 Family
  • Area: Allston
  • Zip Code: 02134
  • Taxes: 23,362
  • Levels: 4
  • Acres: 0.11

Parking

  • Garage Capacity: 3
  • Parking: Paved Drive, Off Street, Driveway
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 4
  • Total Rooms: 18

Location

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32 Chester St, Boston, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Kevin Lehrer of Coldwell Banker Realty - Brookline. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.