Off Market

1081 River St, Boston, MA

Boston · MA 02136

$1,500,000
Price
7
Beds
2
Baths
2558
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 2 Units
Lot size: 0.33 Acre Lot
Price per square foot: $586 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

1081 River St offers a BPDA and ZBA approved project for the construction of a four (4) story residential building featuring 28 rental units with 15 onsite parkingspaces. The development spans approximately 27,584 square feet of gross floor area and includes 9 studios, 3 one-bedroom units, 13 two-bedroom units, and 3three-bedroom units. Estimated gross rental income is over $1M/year. 1081 River Street is in a prominent urban infill location with excellent MBTA access, includingbus lines and good proximity to commuter rail stations. Build a generational rental asset to hold long term, stabilize, and sell as a MF asset or potentially pivot to acondo scenario. Endless opportunities await this unique development opportunity.

Neighborhood & Transit

1081 River St, Boston · MA 02136

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Fairmount Commuter Rail 3 routes 0.34 mi
    • Fairmount Line
    • Franklin/Foxboro Line
    • Providence/Stoughton Line
  • Hyde Park Commuter Rail 2 routes 0.43 mi
    • Franklin/Foxboro Line
    • Providence/Stoughton Line

Price Insight

Days on Market:
189 days
Listing Price:
$1,500,000
Price per Sq.Ft:
$586
Tax Assessment:
$808,400 in 2025
Taxes:
$780 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,558 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2558
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
14,363 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Enis Shehu
Listing office
Cameron Real Estate Group - Framingham
MLS PIN #
73508686
Disclosure
This is a BPDA and ZBA approved development consisting of 28 rental units and 15 onsite parking spaces. Existing 2 family home is vacant and will needto be demolished.