581 Cambridge St, Boston, MA 02134

Local realty services provided by:ERA Key Realty Services
581 Cambridge St,Boston, MA 02134
$2,649,000
  • 9 Beds
  • 6 Baths
  • 4,162 sq. ft.
  • Multi-family
  • Active
Listed by:jeremy basso
Office:boardwalk properties
MLS#:73417594
Source:MLSPIN

Price summary

  • Price:$2,649,000
  • Price per sq. ft.:$636.47

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

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Home facts

  • Year built:1877
  • Listing ID #:73417594
  • Updated:September 22, 2025 at 05:50 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:4,162 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Forced Air, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1877
  • Building area:4,162 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,649,000
  • Price per sq. ft.:$636.47
  • Tax amount:$23,034 (2025)
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