About 20-22 Highgate St
Rare value add and redevelopment opportunity in the heart of Allston. This side by side two family offers 16 bedrooms, 6 baths, 6 off street parking spaces, and a large basement with exceptional ceiling height on a 5,951 SF R2 lot. Unit 20 is leased at $10,800/month, while Unit 22 is leased at $6,583/month, for a current gross rental income of $17,383/month ($208,596/year). Unit 22 offers significant upside supported by prior MLS rental history, with gross rental income potential of approximately $240,000/year. All utilities are tenant paid. Ideal for investors seeking immediate cash flow while pursuing future value add or redevelopment opportunities. Positioned steps from BU, the Green Line, Barry’s Corner, Harvard’s Enterprise Research Campus, the $2B Allston Multimodal Project, and Harvard’s planned 358 acre expansion, placing the property in one of Boston’s most compelling long term investment corridors. Pro forma available upon request.
Features of 20-22 Highgate St
| MLS® # | 73529505 |
|---|---|
| Price | $2,549,000 |
| Bedrooms | 16 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 5,010 |
| Acres | 0.14 |
| Year Built | 1885 |
| Type | Residential Income |
| Sub-Type | 2 Family - 2 Units Side by Side |
| Status | Active |
Community Information
| Address | 20-22 Highgate St |
|---|---|
| Area | Allston |
| City | Boston |
| County | Suffolk |
| State | MA |
| Zip Code | 02134-1703 |
Amenities
| Utilities | for Gas Range, for Gas Oven |
|---|---|
| Parking Spaces | 6 |
| Parking | Paved Drive, Off Street, Tandem, On Street, Assigned, Common, Guest, Deeded, Driveway, Paved, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Storage, High Speed Internet, Bathroom With Tub, Bathroom With Tub & Shower, Internet Available - Broadband, Internet Available - DSL, Internet Available - Fiber-Optic, Internet Available - Satellite, Internet Available - Unknown, Other, Living Room, Dining Room, Kitchen, Laundry Room, Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Living RM/Dining RM Combo |
|---|---|
| Appliances | Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal |
| Heating | Central, Forced Air, Natural Gas |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Wood Burning |
| # of Stories | 6 |
| Stories | 6 |
Exterior
| Exterior Features | Rain Gutters, Other |
|---|---|
| Lot Description | Cleared, Level, Other |
| Windows | Box/Bay/Bow Window(s), Skylight(s), Picture Window |
| Roof | Shingle, Rubber, Other |
| Construction | Frame, See Remarks |
| Foundation | Block, Stone, Granite |
Additional Information
| Zoning | R2 |
|---|
Listing Details
| Agent | Waypoint Realty Group |
|---|---|
| Office | Coldwell Banker Realty - Boston |