Multi Family
251 Cambridge
Allston, MA 2134 · MLS 73509786
$1,565,000
- Beds—
- Baths—
- Sq Ft3,780
- Year1905
- Style—
- $ / Sq Ft$414
- HOA—
- Taxes$15,564
- Parking0
- Lot2206.0
- MLS73509786
- StatusActive
About this home
BRICK 3-FAM FOR SALE - Exceptional investment opportunity in the heart of Allston! 251 Cambridge St is a well-positioned three-unit property with tremendous upside potential close to Harvard University and Boston University's campuses. Ideally located near public transportation, highway access via I-90, local dining, and retail, the property benefits from consistent rental demand and high tenant appeal. Unit 3 is recently renovated and units 1 & 2 are TAW's, giving the buyer the ability to upgrade and add value upon purchase. Whether you're expanding your portfolio or seeking a prime Boston-area income property, this offering delivers both stability and growth potential.
Location
More about Allston
| Allston Profile | Snapshot |
|---|---|
| Primary Vibe | Lively Boston neighborhood with a diverse community, university energy, independent restaurants, music venues, and walkable commercial streets. Popular with students, young professionals, investors, and residents seeking city living without relying entirely on a car. |
| Housing Prices | Prices vary by property type, condition, and location. Condos often provide a more accessible entry point, while renovated multifamily homes and newer developments can command higher prices. Parking, condo fees, rental potential, and building condition all influence overall value. |
| Commute to Boston | The MBTA Green Line B branch runs along Commonwealth Avenue toward Boston University, Kenmore Square, and downtown Boston. Bus routes serve Harvard Avenue, Brighton Avenue, and surrounding areas. Boston Landing commuter rail station is nearby in Brighton. The Massachusetts Turnpike provides highway access, although rush-hour traffic and parking can be challenging. |
| Schools | Served by Boston Public Schools, with school assignments and eligibility depending on address, grade, and district enrollment policies. Local options include Gardner Pilot Academy and Jackson Mann K–8 School, along with charter and private schools in the wider area. Buyers with children should confirm current assignments and programs directly with the district. |
| Market | Demand is supported by proximity to Boston's universities, employment centers, and public transit. Condos and multifamily properties make up much of the housing stock, attracting both owner-occupants and investors. Property condition, parking, rental income potential, and proximity to the Green Line can influence competition and time on market. |
| Housing Styles | Traditional triple-deckers, two- and three-family houses, older brick apartment buildings, converted condos, and newer residential developments. Commonwealth Avenue offers many transit-oriented properties, Allston Village features a dense mix of apartments and condos, and Lower Allston has a more residential character with older homes and multifamily properties. |
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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.