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Allston Investment Property 53 Quint Ave 3 Unit Apartment Building $2,595,000 ($865,000/Unit) 6.58% Cap Rate Boston, MA 02134



INVESTMENT HIGHLIGHTS
- THE PERFECT INVESTMENT PROPERTY DOES EXIST!
- GROSS ANNUAL INCOME ECLIPSES $210,000!
- 3 FAMILY IN GREAT ALLSTON LOCATION
EXECUTIVE SUMMARY
THE PERFECT INVESTMENT PROPERTY DOES EXIST! Introducing 53 Quint Avenue in the heart of Allston. This oversized 3-unit investment property checks all of the boxes. LOCATION- quaint side street just a block in either direction of shops, restaurants, and the T at Harvard + Comm. RENOVATION-this one is gut rehab with high-end condominium quality finishes, chefs' kitchens w/ shaker cabinets + quartz counters, two full baths in each unit w/ beautiful tile, central A/C, in-unit laundry and the list goes on and on. SIZE- this one is huge with over 4,300 sq/ft above grade, 3-4 bedroom/2 bath units, an unfinished basement and a 5,000 sq/ft lot. But wait, DOES IT MAKE MONEY? OH YES IT DOES. All units are leased to 8/31/2026 and GROSS ANNUAL INCOME ECLIPSES $210,000! Being newly renovated, operating costs are low, and your tenants will sleep well knowing the building has superior life safety systems including sprinklers + a fire alarm. PRO FORMA AVAILABLE. Call today for a private showing.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$210,600
|
$48.83
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$210,600
|
$48.83
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $210,600 |
| Annual Per SF | $48.83 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $210,600 |
| Annual Per SF | $48.83 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
| Price | $2,595,000 | Apartment Style | Low-Rise |
| Price Per Unit | $865,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 6.58% | Building Size | 4,313 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 2.33/1,000 SF |
| Zoning | R3 - medium-density residential district that allows for multi-family housing like apartments and townhouses | ||
| Price | $2,595,000 |
| Price Per Unit | $865,000 |
| Sale Type | Investment |
| Cap Rate | 6.58% |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,313 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 2.33/1,000 SF |
| Zoning | R3 - medium-density residential district that allows for multi-family housing like apartments and townhouses |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (79)
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Allston Investment Property | 53 Quint Ave
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