Sold

581 Cambridge St, Boston, MA

Boston · MA 02134

$2,450,000
Price
9
Beds
6
Baths
4162
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1877
Units: 3 Units
Lot size: 0.24 Acre Lot
Price per square foot: $636 / Sq.Ft
Parking: 9 Off Street Spaces

About this home

Rare offering in one of Allston?s most active rental corridors - 581 Cambridge St is a turn-key, income-producing asset with long-term land value and future flexibility. Set on a massive 10,550 sqft lot, this unique compound includes two fully leased, separately metered structures: a 2-family Victorian and detached carriage house. Currently earning $13,000/month with minimal overhead, this is ideal for investors seeking stable, low-maintenance income today with the option to redevelop, condo convert, or expand in the future (buyer to verify). Well-maintained with no major capital needs, all units feature in-unit laundry and central A/C. Enjoy multiple private decks and a patio, ample off-street parking, and an unbeatable location steps from Harvard Ave, the Green Line, and Boston?s top universities. Rare opportunity to land bank in a high-demand neighborhood while earning strong, reliable returns. Open houses 8/16 12:00-2:00pm, 8/17 11:00am-1:00pm and 8/19 5:00-7:00pm

Neighborhood & Transit

Allston

581 Cambridge St, Boston · MA 02134

Nearby transit

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

  • Warren Street Green 0.29 mi
  • Allston Street Green 0.32 mi
  • Boston Landing Commuter Rail 1 route 0.34 mi
    • Framingham/Worcester Line
  • Griggs Street Green 0.43 mi

Price Insight

Days on Market:
294 days
Listing Price:
$2,649,000
Price per Sq.Ft:
$636
Tax Assessment:
$1,989,100 in 2025
Taxes:
$1,920 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
6
Half Bathrooms
0
Living Area
4,162 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4162
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
10,551 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
9 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Fiber Cement Siding
Roof
Unknown

Green Features

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

Listing information

Listing agent
Jeremy Basso
Listing office
Boardwalk Properties
MLS PIN #
73417594
Disclosure
Sold as-is, buyer to perform all due diligence.