581 Cambridge St Active Save Request In-Person Tour Request Virtual Tour
Boston,MA 02134
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,162 sqft
Price per Sqft $648
MLS Listing ID 73417594
Bedrooms 9
Full Baths 6
Year Built 1877
Annual Tax Amount $23,034
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type 3 Family
Property Description
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
Location
State MA
County Suffolk
Zoning R3
Direction Travel West down Cambridge St
Rooms
Basement Full,Interior Entry,Bulkhead,Concrete,Unfinished
Interior
Interior Features Storage,Stone/Granite/Solid Counters,Walk-In Closet(s),Bathroom With Tub,Bathroom With Tub & Shower,Open Floorplan,Smart Thermostat,Ceiling Fan(s),Cathedral/Vaulted Ceilings,Upgraded Cabinets,Living Room,Kitchen,Loft
Heating Central,Forced Air,Natural Gas
Cooling Central Air
Flooring Wood,Hardwood,Tile
Appliance Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer
Laundry Washer Hookup
Exterior
Exterior Feature Balcony/Deck
Fence Fenced
Community Features Public Transportation,Shopping,Park,Golf,Medical Facility,Highway Access,Public School,T-Station,University,Sidewalks
Utilities Available for Gas Range,Washer Hookup
View Y/N Yes
View City
Roof Type Shingle
Total Parking Spaces 9
Garage No
Building
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false