1 / 36
INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 2 |
| Living area | 5,010 sqft |
| Lot size | 5,951 sqft |
| Year built | 1885 |
| Price / sqft | $509 |
| County | Suffolk |
| MLS # | 73529505 |
Listing status
| Days on market | 61 days |
| Listed on | June 3, 2026 |
Taxes & financials
| Annual property tax | $23,972 |
| Tax year | 2025 |
| Assessed value | $2,070,100 |
| Zoning | R2 |
| Gross income (actual) | $208,596/yr |
| Net operating income (actual) | $144,944/yr |
| Total actual rent | $17,383/mo |
Building & lot
| Stories | 6 |
| Total rooms | 20 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street, Tandem, On Street, Assigned, Common, Guest, Deeded, Driveway, Paved, Other |
| Basement | Full, Interior Entry, Bulkhead, Concrete, Unfinished |
| Foundation | Block, Stone, Granite |
| Roof | Shingle, Rubber, Other |
| Construction | Frame, See Remarks |
| Flooring | Wood, Tile, Varies, Hardwood, Other, Stone/Ceramic Tile |
Utilities & systems
| Heating | Central, Forced Air, Natural Gas |
| Cooling | Central Air |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven |
| Appliances | Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal |
Location
More about investing in Boston →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 20-22 Highgate St, Boston MA 02134 have?
It is a 2-unit multi-family property with 5,010 sqft of living area, built in 1885.
How long has 20-22 Highgate St, Boston MA 02134 been on the market?
20-22 Highgate St, Boston MA 02134 has been listed for 61 days (since June 3, 2026).
What is the estimated cap rate on this 2-family in Boston?
Based on area median rents, the estimated cap rate is about 1.9%, with a Signal Score of 45/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,549,000 across 2 units, that works out to roughly $1,274,500 per unit.
What are the property taxes on 20-22 Highgate St, Boston MA 02134?
Annual property taxes are $23,972 (2025), on an assessed value of $2,070,100.
What is the price per square foot?
At $2,549,000 for 5,010 sqft, that's about $509 per square foot.
Is there parking?
6 total parking spaces (paved drive, off street, tandem, on street, assigned, common, guest, deeded, driveway, paved, other).
Where is this property located?
20-22 Highgate St, Boston MA 02134 is in Boston, Suffolk County, MA 02134.
Similar multi-families
◆ 59
◆ 59