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.