1 Linden St
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1 Linden St
7 Unit Block of Flats £3,286,150 (£469,450/Unit) 6.46% Net Initial Yield Allston, MA 02134
Executive Summary
Newmark Boston Capital Markets is pleased to present an exclusive opportunity to acquire 1 Linden Street, a prime multifamily asset located in the vibrant Allston Square neighborhood of Allston, Massachusetts. This well-maintained property features 7 fully-leased residential units, delivering stable rental income and consistent occupancy. A prominent billboard on the property provides an additional revenue stream, enhancing the asset's overall financial appeal. Situated in a dynamic area with strong tenant demand, 1 Linden Street offers investors a rare chance to own a high-performing property with excellent growth potential in one of Boston’s most popular urban markets.
This asset is being offered un-priced and subject to rolling offers. Please access website link for additional information.
https://properties.nmrk.com/1-linden-street-boston-sale
This asset is being offered un-priced and subject to rolling offers. Please access website link for additional information.
https://properties.nmrk.com/1-linden-street-boston-sale
Property Facts
| Price | £3,286,150 | Building Class | C |
| Price Per Unit | £469,450 | Lot Size | 0.03 AC |
| Sale Type | Investment | Building Size | 3,800 SF |
| Net Initial Yield | 6.46% | Average Occupancy | 100% |
| No. Units | 7 | Number of Floors | 4 |
| Property Type | Residential | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 0.53/1,000 SF |
| Apartment Style | Mid Rise |
| Price | £3,286,150 |
| Price Per Unit | £469,450 |
| Sale Type | Investment |
| Net Initial Yield | 6.46% |
| No. Units | 7 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 3,800 SF |
| Average Occupancy | 100% |
| Number of Floors | 4 |
| Year Built | 1910 |
| Parking Ratio | 0.53/1,000 SF |
Site Amenities
- Laundry Facilities
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Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | ALLS-000000-000021-000680 | Improvements Assessment | £1,053,812 |
| Land Assessment | £431,207 | Total Assessment | £1,485,019 |
PROPERTY TAXES
Parcel Number
ALLS-000000-000021-000680
Land Assessment
£431,207
Improvements Assessment
£1,053,812
Total Assessment
£1,485,019
zoning
| Zoning Code | L1-I, Boston |
| L1-I, Boston |
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1 Linden St
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