20-22 Highgate St
$2,549,000
16
Beds
6
Baths
5,010
Sqft
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$2,549,000
16
Beds
6
Baths
5,010
Living Area
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Property Description
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.
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Highlights
- Area: Allston
- Has View: Yes
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1885
- Cooling: Central Air
- Heating: Central, Forced Air, Natural Gas
- Parking Spots: 6
- Property Type: 2 Family - 2 Units Side by Side
- Total Rooms: 20
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
- Construction: Frame, See Remarks
- Fireplaces: 2
- Foundation: Block, Stone, Granite
- Lot Features: Cleared, Level, Other
- Roof: Shingle, Rubber, Other
- Total Number of Units: 2
- Year Built Details: Approximate
- Zoning: R2
- Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
- Exterior Features: Rain Gutters, Other
- Flooring: Wood, Tile, Varies, Hardwood, Other, Stone/Ceramic Tile
- 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
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other, Sidewalks
- Parking Features: Paved Drive, Off Street, Tandem, On Street, Assigned, Common, Guest, Deeded, Driveway, Paved, Other
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Utilities
- Electric: Circuit Breakers, 200+ Amp Service, Common
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,070,100
- Tax Year: 2025
- Total Rent: $17,383
- Rental Fee Includes: Unit 1(None), Unit 2(None)
- Taxes: $23,972
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Boston.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.