Property Description

Prime Lower Allston Two-Family Investment Opportunity63 Coolidge Rd is a well-located two-family residence on a quiet residential street in Lower Allston, offering excellent proximity to major university hubs and convenient transportation.The approximately 1,200 sq ft lower unit features 3 bedrooms and 2 bathrooms in a Philadelphia-style layout, including a primary suite on the second floor. The approximately 1,600 sq ft upper unit spans two levels and offers 4 bedrooms and 2 bathrooms.Both units have benefited from kitchen and bathroom renovations within the past five years, along with the addition of in-unit laundry. Current rents are $3,200/month for the lower unit and $4,400/month for the upper unit, providing strong existing rental income.There may also be an opportunity to finish the basement and add approximately 900 sq ft to the lower unit, creating additional potential for value and income.The property is located less than one mile from Harvard Business School, less than 1.5 miles from Harvard Square and Boston University, and just one block from the 66 bus stop. Convenient access to the Massachusetts Turnpike and Storrow Drive further enhances the location.An attractive opportunity for investors, owner-occupants, and developers seeking a well-positioned multifamily property with current rental income and future expansion potential.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Amenities: Highway Access, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, University, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Philadelphia, Stone/Granite/Solid Counters, Tile Floor, Upgraded Cabinets
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 91200
  • Gross Expenses: 18390
  • Net Operating Income: 72810

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1902
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Stone/Concrete
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73561037
  • Last Updated: 08/08/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/08/2026New$1,499,000$529MLSPIN
06/01/2026Expired$1,499,000$529MLSPIN
05/02/2026Active$1,499,000$529MLSPIN
04/28/2026Price Change$1,499,000$529MLSPIN
03/16/2026Active$1,549,000$547MLSPIN
03/12/2026New$1,549,000$547MLSPIN

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Seller's Representative: Nathan Long, Coldwell Banker Realty - Cambridge
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-08 10:52:00

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