$1,249,000
6
Beds
2
Baths
2,160
Living Area
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Property Description
Turn-key multi-family gem at 51-53 S Waverly St, Boston! Built in 1930 & enhanced with over $110K in renovations (2021), this asset features identical layouts for Unit 1 & Unit 2, both beautifully updated 3BR/1BA units boasting gleaming hardwood floors throughout, modern kitchens/baths, and private porches/decks. Features a highly usable, square backyard and excellent potential to add an extra parking space in the front! Solid mechanicals minimize future capital expenses, ensuring stable cash flow with projected returns over a 6% gross yield. Unbeatable location steps from Boston Landing, Lower Allston, and the HQs of New Balance & Bose. Incredible proximity to Harvard Business School & the expanding SEAS campus. Commuter’s dream with instant access to the Mass Pike (I-90), making trips to BU and Downtown Boston incredibly fast. Exceptional layout also offers prime condo conversion potential!
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1930
- Parking Spots: 1
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 10
- Status: Active
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Additional Details
- Basement: Full, Interior Entry, Unfinished
- Flooring: Wood
- Lot Features: Cleared, Level
- Total Number of Units: 2
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Block
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,185,300
- Taxes: $14,832
- Tax Year: 2026
- Total Rent: $6,950
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