581 Cambridge St, Boston, MA 02134

Local realty services provided by:ERA Millennium Real Estate
#1#2#3
581 Cambridge St,Boston, MA 02134
$2,699,000
  • 9 Beds
  • 6 Baths
  • 4,162 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Aug 16
    12:00 pm - 02:00 pm
  • Sun, Aug 17
    11:00 am - 01:00 pm
Listed by:jeremy basso
Office:boardwalk properties
MLS#:73417594
Source:MLSPIN

Price summary

  • Price:$2,699,000
  • Price per sq. ft.:$648.49

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:August 14, 2025 at 10:28 AM

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:$2,699,000
  • Price per sq. ft.:$648.49
  • Tax amount:$23,034 (2025)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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