10 Royal St - Multi-Family FOR SALE


Boston, MA 02134- North Allston
$1,750,000 USD
617-755-4484
10 Royal St, Boston, MA for Sale
$1,750,000 USD
Multi-Family - FOR SALE
1/36
null | 5.25% Cap Rate

10 Royal St
Boston, MA 02134
North Allston


HIGHLIGHTS

  • Corner lot
  • Updated units with newer windows
  • Near Harvard Business School and Boston University
  • Easy highway access
  • Public Transit
  • Potential to expand in existing envelope

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$399 USD /SF

# OF UNITS

2

PRICE/UNIT

$875,000

CAP RATE

5.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Royal Street, Boston, MA 02134

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R2

APN/PARCEL ID

ALLS-000000-000022-001524

ASK ABOUT THIS PROPERTY

617-755-4484

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617-755-4484

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