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Presented by
Allen Gellerman |
20-22 Highgate St, Boston (Allston), MA, 02134 | $2,649,000
Investors & Developers Take Notice. Rare Allston Opportunity. 20–22 Highgate Street, a unique income-producing asset in the heart of Allston, positioned within one of Boston’s most exciting growth corridors. Surrounded by transformative projects including Harvard University’s Enterprise Research Campus, the Beacon Park Yard redevelopment, and major transportation improvements, this location is poised for significant long-term growth. The property is configured with 16 bedrooms and 6 full bathrooms. Situated on an approximately 6, 000 SF lot with roughly 7, 500 SF of building area, the property boasts a strong rental history, minimal vacancy, and immediate value-add potential. Unit 20 is currently leased for $10, 400/month beginning September 1, 2026. Whether you’re seeking stable cash flow, redevelopment potential, or a strategic investment in the path of billions in development, 20–22 Highgate Street offers a rare opportunity to capitalize on the future of Allston.
Features
- Town: Boston
- Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other, Sidewalks
- Rooms: 20
- Bedrooms: 16
- Baths: 6 full
- Units: 2
- Year Built: 1885
- Heating: Central, Forced Air, Natural Gas
- Cooling: Central Air
- Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
- Approx Sq. Feet: 5,010
- Acreage: 0.14
- Est. Taxes: $23,972
- Lot Desc: Cleared, Level, Other
- View: Scenic View(s)
- Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
- MLS#: 73529505
- Website: https://www.raveis.com
/prop/73529505/2022highgatest_boston_ma?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Allen GellermanInsurance Sales Director
617.686.2668
Allen.Gellerman@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
20-22 Highgate St, Boston (Allston), MA, 02134
$2,649,000
Allen Gellerman
Insurance Sales Director
William Raveis Real Estate
Phone: 617.686.2668
Allen.Gellerman@raveis.com
Frank Merola
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,119,200 | $2,119,200 | $2,119,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,998 | $1,998 | $1,998 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,033 | $13,048 | $17,883 |
| Total Monthly Payment | $14,156 | $15,171 | $20,006 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630