$2,880,000
14
Beds
7
Baths
7,152
Living Area
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Property Description
350K price improvement. Unique potential redevelopment opportunity in the high demand Packard's Corner neighborhood of Allston. Two side by side Victorian multifamily buildings on a corner lot with driveway access from both Chester and Gardner Streets. 65-71 Gardner Street is in close proximity to Boston University, Harvard Innovation Corridor, Boston Landing, and multiple approved new developments such as Allston Green in addition to being only 3 blocks away from the Packard's Corner T stop. Total lot size of 10,247 square feet for both parcels. The property has a well established rental history with a projected 2023-2024 rent roll of $17,800 per month and is currently professionally managed. Detached one car garage, off-street parking for 5-6 vehicles, commercial laundry machines, hardwood floors in most units, decorative fireplaces, and custom woodwork throughout help complete this rare offering. Virtual tours and floorplans of all 5 units available.
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Highlights
- Area: Allston
- Property Class: Residential Income
- Total Rooms: 27
- Status: Closed
- Parking Spots: 6
- Property Type: 5-9 Family
- Year Built: 1900
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Additional Details
- Basement: Full, Partially Finished, Interior Entry
- Fireplaces: 2
- Foundation: Stone, Other
- Total Number of Units: 5
- Year Built Source: Public Records
- Exclusions: All Tenant Belongings.
- Flooring: Wood
- Lot Features: Corner Lot
- Year Built Details: Approximate
- Zoning: Res
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Amenities
- Covered Parking Spaces: 1
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $3,183,300
- Compensation Based On: Gross/Full Sale Price
- Taxes: $34,508
- Buyer Agent Compensation: 2.25%
- Tax Year: 2023
- Total Rent: $12,300
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