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.
For sale
Price cut: $100K (3/11)
$2,175,000
32 Chester St, Boston, MA 02134
12beds
4,128sqft
Est.:
3 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$527/sqft
$-- HOA
What's special
Three separate heating systemsIn-house laundryUpdated kitchens
- 67 days |
- 617 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: March 15, 2026 at 12:11am
Listed by:
Kevin Lehrer 617-650-2333,
Coldwell Banker Realty - Brookline 617-731-2447,
Kevin Lehrer 617-650-2333
Source: MLS PIN,MLS#: 73467524
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Hot Water
Features
- Flooring: Wood, Carpet
- Basement: Full,Concrete
- Has fireplace: No
Interior area
- Total structure area: 4,128
- Total interior livable area: 4,128 sqft
- Finished area above ground: 4,128
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Driveway
- Uncovered spaces: 3
Features
- Patio & porch: Porch, Deck
Lot
- Size: 4,993 Square Feet
Details
- Parcel number: 1207819
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Stone
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: 220 Volts, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, T-Station, University
Location
- Region: Boston
Financial & listing details
- Price per square foot: $527/sqft
- Tax assessed value: $1,866,400
- Annual tax amount: $23,362
- Date on market: 1/12/2026
- Total actual rent: 13900
Estimated market value
Not available
Estimated sales range
Not available
$5,780/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Price change | $2,175,000-4.4%$527/sqft |
Source: MLS PIN #73467524 Report a problem | ||
| 1/12/2026 | Listed for sale | $2,275,000$551/sqft |
Source: MLS PIN #73467524 Report a problem | ||
| 10/1/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/16/2022 | Listed for rent | $4,850+1%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/3/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/25/2022 | Listed for rent | $4,800+60%$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/3/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/23/2021 | Listed for rent | $3,000+7.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/1/2020 | Listing removed | $2,800$1/sqft |
Source: Boston's Best Realty Report a problem | ||
| 3/19/2020 | Listed for rent | $2,800-27.3%$1/sqft |
Source: Boston's Best Realty Report a problem | ||
| 1/22/2020 | Listing removed | $3,850$1/sqft |
Source: Owner Report a problem | ||
| 1/4/2020 | Listed for rent | $3,850-35.8%$1/sqft |
Source: Owner Report a problem | ||
| 8/14/2019 | Listing removed | $5,995$1/sqft |
Source: Bulfinch Boston Realty Report a problem | ||
| 7/14/2019 | Price change | $5,995+26.2%$1/sqft |
Source: Bulfinch Boston Realty Report a problem | ||
| 5/2/2019 | Price change | $4,750+58.3%$1/sqft |
Source: Boston and Beyond Realty Report a problem | ||
| 3/1/2019 | Price change | $3,000-36.8%$1/sqft |
Source: Boston's Best Realty Report a problem | ||
| 2/20/2019 | Price change | $4,750+58.3%$1/sqft |
Source: Boston's Best Realty Report a problem | ||
| 1/19/2019 | Price change | $3,000-36.8%$1/sqft |
Source: Boston's Best Realty Report a problem | ||
| 1/17/2019 | Listed for rent | $4,750+13.1%$1/sqft |
Source: Boston's Best Realty Report a problem | ||
| 1/16/2018 | Listing removed | $4,200$1/sqft |
Source: Modern Real Estate Inc. Report a problem | ||
| 1/12/2018 | Listed for rent | $4,200+31.3%$1/sqft |
Source: Modern Real Estate Inc. Report a problem | ||
| 12/30/2016 | Listing removed | $3,200-14.7%$1/sqft |
Source: LRB Report a problem | ||
| 2/16/2016 | Listing removed | $3,750$1/sqft |
Source: Boston's Best Realty Report a problem | ||
| 2/3/2016 | Price change | $3,750-6.3%$1/sqft |
Source: Boston's Best Realty Report a problem | ||
| 1/25/2016 | Listed for rent | $4,000$1/sqft |
Source: Boston's Best Realty Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$12,093/mo
Principal & interest
$10915
Property taxes
$1178
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Climate risks
Neighborhood: Allston
Nearby schools
GreatSchools rating
- NAHorace Mann School For The DeafGrades: PK-2,4-12Distance: 0.5 mi
- 5/10Gardner Pilot AcademyGrades: PK-8Distance: 0.7 mi
- 3/10Brighton High SchoolGrades: 7-12Distance: 0.9 mi
Local experts in 02134
- Massachusetts
- Suffolk County
- Boston
- 02134
- Allston
- 32 Chester St
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