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10 Royal St - 10 Royal Street, Boston, MA 02134 2 Unit Apartment Building Offered at $1,750,000 at a 5.25% Cap Rate Boston, MA 02134



Investment Highlights
- Corner lot
- Near Harvard Business School and Boston University
- Public Transit
- Updated units with newer windows
- Easy highway access
- Potential to expand in existing envelope
Executive Summary
Rare opportunity to acquire a substantial two-family property in the rapidly evolving Lower Allston market. Currently generating $11,000/month in gross rental income, this approximately 4,384 SF property features a total of 10 bedrooms and 4 bathrooms, offering strong cash flow potential with possible condo conversion or future expansion opportunities to add additional living area and bathrooms. The property features updated kitchens and baths, hardwood floors, replacement windows, and spacious layouts across both units. Conveniently positioned near Harvard Business School, Boston University, and numerous other colleges and employers, with easy access to I-90, Storrow Drive, multiple bus routes, and both the Green and Red Lines. Ongoing expansion along Western Ave, including major life science and mixed-use developments, continues to transform the surrounding area. Fenced yard, basement for storage or potential expansion and coin-op laundry in the basement that produces extra income.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Basement
- Mud Room
- Pantry
- Large Bedrooms
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 10+4 | 2 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
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10 Royal St - 10 Royal Street, Boston, MA 02134
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