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$2,275,000
Total Beds: 12 Total Baths: 5
Total Units: 3 SQFT: 4128
LOT size: 0.11 Acres
32 Chester St
Boston, MA 02134
View Map

Property Description

Investment opportunity: Income-producing 3-family with zoning approval for a 4th unit (3-bed, 2-bath), bringing the total projected 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 8/31/26, 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.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 12
  • Total Full Baths: 5
  • Amenities: Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Full
  • Common Heating: Active Solar, Electric Baseboard, Gas, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators

Financial

  • APOD Available: Yes
  • Expenses Source: Projected
  • Gross Operating Income: 162900
  • Gross Expenses: 35022
  • Electric Expenses: 660
  • Water/Sewer: 1800
  • INSC: 6000
  • Repairs & Maintenance: 3000
  • Net Operating Income: 127878

Utilities

  • Heat Zones: 3
  • Electric Info: 220 Volts, At Street, Individually Metered
  • Utility Connections: for Electric Range, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Stone/Concrete
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73467524
  • Last Updated: 01/14/26

Mortgage Calculator

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Map

Seller's Representative: Kevin Lehrer, Coldwell Banker Realty - Brookline
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-01-14 12:19:00

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