166-168 Franklin Street, Boston, MA 02134
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$1,099,000
2 Unit
4 Beds
2 Baths
1920 SQFT
0.09 Acre

Property Description

Incredibly rare two-family offering just steps from Harvard Business School and the Charles River. Each unit features 2 bedrooms and 1 full bath, ideal for rental income or future condo conversion. With solid bones and a newer roof (2021), these units are rent-ready with room for cosmetic updates – offering tremendous upside for both investors and owner-occupants alike. Located in the heart of North Allston, one of Boston’s fastest-developing neighborhoods, this property is surrounded by new construction, tech and innovation hubs, and vibrant local amenities. Walk to the Harvard iLab, new life science campuses, Trader Joe’s, and easy public transit access. Utilities are separated and the dry basement offers ample storage. The generous backyard is partially fenced, as well. Whether you're looking to renovate and flip, generate strong rental cash flow, or hold long-term as the area continues to thrive, this is an exceptional opportunity in one of Boston’s most promising corridors!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Bike Path, Highway Access, Medical Facility, Park, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Full, Interior Access, Slab
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Gross Operating Income: 62000
  • Gross Expenses: 9000
  • Net Operating Income: 53000

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Brick
  • Foundation Info: Concrete Block, Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73358205
  • Last Updated: 04/11/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/10/2025New$1,099,000$572MLSPIN

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Seller's Representative: Matt Gorman, EDGE Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-11 15:50:00

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