PRICE REDUCTION — Investment opportunity– Income-producing 3-family with zoning approval for a 4th unit (3-bed, 2-bath), bringing the total projected monthly rent roll to over $19,000 per month. Located in a prime Allston location on the MBTA Green Line, this property is near the 57 & 66 bus lines, Boston University, restaurants, shopping, and nightlife. It features a strong rental history with units leased through 8/31/27 (ALL units have renewed for an additional year). Current Yearly rental Income $162,500. Renewed leases 9/1/26-8/30/27 $169,200. Partially updated kitchens and baths, three separate heating systems (tenants pay all utilities), in-house laundry, and 2–3 tandem off-street parking spaces. This is a value-add opportunity with immediate cash flow.
Property Details
Price:
$2,175,000
MLS #:
73467524
Status:
Active
Beds:
12
Baths:
5
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
allston
Listed Date:
Jan 12, 2026
Finished Sq Ft:
4,128
Total Sq Ft:
4,128
Lot Size:
4,993 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
3
See this Listing
Schools
Interior
Bathrooms
5 Full Bathrooms
Flooring
Wood, Carpet
Heating
Baseboard, Hot Water
Exterior
Community Features
Public Transportation, Shopping, T-Station, University
Construction Materials
Stone
Parking Features
Paved Drive, Off Street, Driveway
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2026
Taxes
$23,362
Map
Community
- Address32 Chester St Boston MA
- CityBoston
- CountySuffolk
- Zip Code02134
Subdivisions in Boston
- Adams Village
- Ashmont Hill
- Ashmont Hill / Carruth Area
- Back Bay
- Bay Village
- Beacon Hill
- Bellevue Hill
- Boston
- Brighton-Oak Square
- Charlestown
- Chestnut Hill
- Chestnut Hill /Brookline line
- Chestnut Hill Park Condominium
- Clam Point Neighborhood
- Eight Streets Neighborhood
- Ellis South End Neighborhood
- Fairmount Hill
- Fields Corner
- Gas Light District
- Golf Course Neighborhood
- Harbor View
- Harborview
- Highland
- Hyde Park
- Jamaica Plain
- Lower Mills
- Melville Park
- Metropolitan Heights Area
- Metropolitan Hill
- Mission Hill – Longwood Medical
- Oak Square
- Parkway neighborhood
- Roslindale
- Roslindale – WC Bates
- roslindale village
- Roxbury’s Moreland Street Historic District
- Savin Hill: Minutes to Carson Beach/UMass Boston T-Stop
- South Boston
- Suffolk County
- Sumner Hill
- Thomas Park
- Woodbourne
Market Summary
Current real estate data for Multi Family in Boston as of Mar 19, 2026
322
Multi Family Listed
163
Avg DOM
477
Avg $ / SqFt
$2,240,861
Avg List Price
Property Summary
- 32 Chester St Boston MA is a Multi Family for sale in Boston, MA, 02134. It is listed for $2,175,000 To schedule a showing of MLS#73467524 at 32 Chester St in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Boston’s Best Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
32 Chester St
Boston, MA