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.