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.
Multi-familyProperty Type
1902Year Built
3,496 sq ftLot Size
$529Price/Sq.Ft.
3 spacesParking
Listed by Nathan Long• Coldwell Banker Realty - Cambridge
Lower Allston, located between the Charles River and Harvard Square, is a residential and student-oriented Boston neighborhood with a riverside edge and a low-rise streetscape. The neighborhood’s character concentrates around Western Avenue near North Harvard Street, where corner markets, casual eateries, and small studios keep the sidewalks active. Iconic anchors such as the Harvard Athletic Complex, the Harvard Innovation Labs, and the Honan-Allston Branch of the Boston Public Library shape daily rhythms. Triple-deckers and compact apartment buildings line side streets, while larger institutional buildings cluster closer to the river. The Charles River Reservation and the Weeks Footbridge add a scenic, walk-and-bike backdrop. A steady flow of buses along Western Avenue ties the area to Cambridge and downtown.
Provided by Walk Score and Local Logic
Offer insights
63 Coolidge Rd · $1,499,000
$1.52M and above
75% chance or better to win
Why $1.52M+ is a strong offer
DAYS ON MARKET
22 days
The average home goes pending in 21 days.
SALE-TO-LIST
98.9%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Approximately 15 total rooms
Stone/granite/solid counters
Upgraded cabinets
Living room
Dining room
Kitchen
Laundry room
Living room/dining room combo
Philadelphia (possible architectural/style detail)
Bedrooms
Two-unit property with unit configurations (unit-level details provided)
Bathrooms
Four full bathrooms
Kitchen
Range
Dishwasher
Disposal
Refrigerator
Freezer
Microwave
Laundry & utility
Washer
Dryer
Laundry room
Flooring
Tile
Vinyl
Hardwood
Heating & cooling
Hot water heating (natural gas)
Window air conditioning units
Heating and cooling present
Exterior features
Fenced yard
Garden
Rain gutters
Level lot
Paved road frontage (public, publicly maintained)
Home design
Two-family, up/down configuration
Three total stories
Approximately 2,834 sq. ft. above grade
Parking
Three parking spaces
Paved drive
Off-street parking
On-street parking available
Has open parking
Construction
Stone construction
Stone foundation
Shingle roof
Year built approximate (from public records)
Utilities
Public water
Public sewer
100 amp electric service
HOA & community
Community amenities nearby: public transportation, shopping, parks, walking/jogging trails, medical facility, highway access, private and public schools, university access
Financial info
Active listing
Other
Directions: about 0.7 mile to I-90, 0.2 mile to #66 bus stop, 0.7 mile to Harvard Business School, 1.3 mile to Boston University
Electricity and solar
View estimated energy costs and solar savings for this home
2 Family Home with Parking, in one of Bostons Hottest Neighborhoods.... Allston. This 2 Family, well maintained home is spacious and ready for occupancy. Unit 1 is a 2 floor unit with 2 Bedrooms, 1 Full Bath with gorgeous hardwood floors, Formal Dining Room with charming built ins, and an extra room off the Bedroom which can be used a walk-in closet, or storage room, Kitchen with spacious pantry with plenty of storage. The second unit is also two floors. The main floor includes a spacious Living Room, Dining Room, 3/4 Bathroom with Washer, and large Kitchen. The upstairs has 3 spacious bedrooms and another Full Bathroom. This Home is walking distance to downtown which boasts restaurants and coffee shops. Centrally located to Harvard, Boston University, and Northeastern. Minutes from Harvard Square, Cambridge, The Mass Pike and Storrow & Memorial Drive & The Red Line. Perfect Commuters location.
Three-Family Residential Subdistricts, as indicated by the designation 3F on said Maps. The Three-Family Residential Subdistricts are established to preserve the low density three-family areas with a variety of housing types appropriate to the existing fabric including one-, two-, but no more than three-family Dwellings and to allow minor changes to occur as-of-right. In a 3F Residential Subdistrict, the maximum number of Dwelling Units allowed in a single Building, including a Town House Building or Row House Building, shall be 3.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Fire house
Police station
Park & open space
Sep 17, 2020 • Final
Plumbing
Work on plumbing.
Bathroom
Kitchen
Plumbing
Sep 17, 2020 • Final
Gas
Work on gas lines or equipment.
Gas
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
59% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Allston, MA • 02134
Average low and high temperatures (°F)
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22
37
23
51
34
59
42
69
52
80
63
85
68
80
63
75
58
64
49
53
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
68/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 63 Coolidge Rd
$1,448,960
$50K under list price of $1.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $890K to $1.6M.