$1,190,000
About this home
Turn-key multi-family gem at 51-53 S Waverly St, Boston! Built in 1930 & enhanced with over $110K in renovations (2021), this asset features identical layouts for Unit 1 & Unit 2, both beautifully updated 3BR/1BA units boasting gleaming hardwood floors throughout, modern kitchens/baths, and private porches/decks. Features a highly usable, square backyard and excellent potential to add an extra parking space in the front! Solid mechanicals minimize future capital expenses, ensuring stable cash flow with projected returns over a 6% gross yield. Unbeatable location steps from Boston Landing, Lower Allston, and the HQs of New Balance & Bose. Incredible proximity to Harvard Business School & the expanding SEAS campus. Commuter’s dream with instant access to the Mass Pike (I-90), making trips to BU and Downtown Boston incredibly fast. Exceptional layout also offers prime condo conversion potential!
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73529164
- Property type
- 2 Family - 2 Units Up/Down
- Subdivision
- N/A
- Status
- Active
- Days on market
- 143
- On market date
- June 3, 2026
- Stories
- 3
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- 1
- Lot size
- 0.11 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 377
- Student:teacher ratio
- 11.8:1
- District
- Boston
- Enrollment
- 262
- Student:teacher ratio
- 7.5:1
- District
- Cambridge
- Enrollment
- 486
- Student:teacher ratio
- 11.0:1
- District
- Boston Green Academy Horace Mann Charter School (District)
Walkability
Blended score for Boston's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Boston, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 27, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.