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Buy a multi-family propertyat 1 Highghate Street, Boston, MA 02134

$13,000,000

$0/mo

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Multifamily

1.71 Acres

18,375 Sq. Ft. lot

0 Bathrooms

521 Days on market

73037451 MLS ID

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About 1 Highghate Street multi-family property

Presenting 1 Highgate, a transformative, shovel ready, 82-unit infill multifamily development with over 6,250 SF of street level retail in Boston’s Allston neighborhood. Located at the key intersection of Cambridge Street and Harvard Ave at the top of Allston’s restaurant corridor and steps away from millions of SF of new lab/commercial space at Boston Landing, the Property is uniquely situated at the gateway to Allston. As Phase I of the 5 building Allston Square redevelopment, the project is poised to take advantage of a revitalized intersection. The Property offers tremendous MBTA access via the nearby Boston Landing Commuter Rail Station, the Green Line B Branch and multiple bus lines. Additionally, the Property is conveniently centered among the major local universities, including Harvard, Boston University and Boston College. With efficient units designed to maximize income, 1 Highgate is a rare opportunity to acquire a generational asset in one of Boston’s premiere locations.
Presenting 1 Highgate, a transformative, shovel ready, 82-unit infill multifamily development with over 6,250 SF of street level retail in Boston’s Allston neighborhood. Located at the key intersection of Cambridge Street and Harvard Ave at the top of Allston’s restaurant corridor and steps away from millions of SF of new lab/commercial space at Boston Landing, the Property is uniquely situated at the gateway to Allston. As Phase I of the 5 building Allston Square redevelopment, the project is poised to take advantage of a revitalized intersection. The Property offers tremendous MBTA access via the nearby Boston Landing Commuter Rail Station, the Green Line B Branch and multiple bus lines. Additionally, the Property is conveniently centered among the major local universities, including Harvard, Boston University and Boston College. With efficient units designed to maximize income, 1 Highgate is a rare opportunity to acquire a generational asset in one of Boston’s premiere locations.

Property details

House

Building Area Total: 74368

Building Area Units: Square Feet

Construction Materials: "See Remarks"

Living Area: 74368

Stories Total: 18

Year Built Source: Builder

Year Built: 2023

Number Of Units Total: 82

Exterior Features

Exterior Features: "Other"

Foundation

Foundation Details: "Other"

Income

Gross Income: 99999

Lot

Lot Features: "Other"

Lot Size Acres: 0.42

Lot Size Area: 0.42

Lot Size Square Feet: 18375

Lot Size Units: Acres

Parking

Parking Features: "Other"

Parking Total: 59

Property

Property Sub Type: 5+ Family - 5+ Units Up/Down

Zoning: 9

Roof

Roof: "Other"

Sewer

Sewer: "Public Sewer"

Taxes

Tax Annual Amount: 9999

Tax Year: 9999

Utilities

Water Source: "Public"

Monthly cost

Estimated monthly cost

$87,933/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$12,220,000

+$390,000

$12,610,000

Seller agent commission$390,000 (3%)*

$0 (0%)

Buyer agent commission$390,000 (3%)*

$390,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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State

  • Land in Massachusetts
  • Condos in Massachusetts
  • Real Estate in Massachusetts

Unreal Estate checked: Aug 8, 2023 at 4:40 p.m.

Data updated: Mar 16, 2023 at 8:29 p.m.

Courtesy of Cushman & Wakefield, Christopher Sower.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
Listing Information © 2024 MLS Property Information Network. All Rights Reserved.

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