For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Allston Three-Family Income Property Title is generated by Realmo AI

    35 Adamson Street, Boston, MA 02134

    View on Map
    Claim this Listing
    For Sale
    $1,599,000

    Three-unit property in Allston near Boston Landing and Harvard.

    Type:Multi-family
    Property size:
    3,552 SF
    Price / SF:
    $450/SF
    Added:
    Feb 4, 2026
    Days on Market:
    127
    Last Refresh:
    Apr 21 at 6:19 am

    Property Features for 35 Adamson Street

    General Information

    Standard status
    Active
    Size
    3,552 SF
    Property subtype
    Multi-family

    Building Details

    Year Built
    1890

    We can help!

    Listing Contact
    Daniel S. Lee

    Listing agent Daniel S. Lee

    Listing office Boston Plex

    Listing date Feb 4, 2026

    Source Stevebremis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Boston Plex

    HighLights

    • Estimated monthly rental income over $10,000.
    • Three 3‑bedroom, 1.5‑bathroom apartments.
    • Each unit has central A/C, hardwood floors, and exposed brick.
    • Separate gas and electric meters for each unit.
    • Newer roof and HVAC system.
    • Located in Allston with easy access to Boston Landing and Harvard University.

    Overview

    This three-family property in Allston offers an investment opportunity with access to Boston Landing and Harvard University. The building contains three apartments, each featuring three bedrooms and 1.5 bathrooms. The total living area of the property is 3,552 square feet. Each unit is equipped with central A/C, hardwood floors, and exposed brick. The full basement includes laundry facilities for all three units, and each unit has separate gas and electric meters. There are three gas-fired furnaces. The property also has a newer roof and HVAC system. The three units are generating an estimated monthly income of over $10,000.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $134.3k $37.80
    − Vacancy −$6.0k −$1.70
    EGI $128.2k $36.10
    − OpEx −$38.5k −$10.83
    NOI $89.8k $25.27
    3,552 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.28M
    $1.12M – $1.50M (±1% cap)
    NOI $89,757 @ 7.0% cap · market cap 5.61%
    Second Best
    Apartment 5plus
    $1.19M
    $1.04M – $1.39M (±1% cap)
    NOI $83,444 @ 7.0% cap · market cap 5.22%
    Theoretical Best
    Office A
    $2.66M
    $2.33M – $3.10M (±1% cap)
    NOI $186,182 @ 7.0% cap · market cap 11.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.13558
    Latitude
    42.35821

    FAQs

    What type of property is this?
    Triplex - Three-unit property in Allston near Boston Landing and Harvard.
    Where is this triplex located?
    The property is located at 35 Adamson Street Boston, MA.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: Estimated monthly rental income over $10,000.; Three 3‑bedroom, 1.5‑bathroom apartments.; Each unit has central A/C, hardwood floors, and exposed brick.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message