$2,699,000
OPEN SUN 11AM - 1PM

581 Cambridge St Allston, MA 02134

Brighton Neighborhood

Estimated payment $16,698/month

Total Views 271
9 Beds
6 Baths
4,162 Sq Ft
$648 Price per Sq Ft

Highlights

  • Popular Property
  • Medical Services
  • 0.24 Acre Lot
  • Golf Course Community
  • City View
  • Open Floorplan

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

Listing Agent

Jeremy Basso

Boardwalk Properties Listed on: 08/13/2025

Open House Schedule

  • Sunday, August 17, 2025
    11:00 am to 1:00 pm
    8/17/2025 11:00:00 AM +00:00
    8/17/2025 1:00:00 PM +00:00
    Investor Preview - All Units Accessible! Rare opportunity to tour this income-producing 3-family compound in prime Allston. View every unit plus mechanicals and common areas. Strong income property with development potential on a massive lot.
    Add to Calendar
  • Tuesday, August 19, 2025
    5:00 to 7:00 pm
    8/19/2025 5:00:00 PM +00:00
    8/19/2025 7:00:00 PM +00:00
    Investor Preview - All Units Accessible! Rare opportunity to tour this income-producing 3-family compound in prime Allston. View every unit plus mechanicals and common areas. Strong income property with development potential on a massive lot.
    Add to Calendar

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,034

Year Built

  • Built in 1877

Lot Details

  • 10,551 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 4,162 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Living Room
  • Loft
  • Storage
  • City Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 9 Car Parking Spaces
  • Shared Driveway
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number W:21 P:01309 S:000,1209225

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park

Building Details

  • Net Operating Income $146,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,034

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1877
  • Levels: 6
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: OpenHouse
  • Stories: 6

Interior Features

  • Flooring: Wood, Hardwood, Tile
  • Interior Amenities: 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
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 4162
  • Living Area: 4162
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Skylight(s)
  • MAIN LO: AC0462
  • LIST PRICE PER Sq Ft: 648.49
  • PRICE PER Sq Ft: 648.49

Exterior Features

  • Exterior Features: Balcony/Deck
  • Fencing: Fenced
  • Foundation Details: Stone
  • Frontage Length: 70
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Unpaved
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:21 P:01309 S:000,1209225
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10551
  • Lot Size Units: Acres
  • PAGE: 118

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 23034
  • Tax Book Number: 27700

Multi Family

  • Gross Income: 156000
  • Net Operating Income: 146040
  • Number Of Units Total: 3
  • Total Actual Rent: 13000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 For Sale $2,699,000 -- $648 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73417594

MLS Property Information Network (MLS PIN)

APN: ALLS W:21 P:01309 S:000

Massachusetts Suffolk County Allston 02134 Brighton

581 Cambridge St, Allston, MA

This home is located at 581 Cambridge St, Allston, MA 02134 and is currently priced at $2,699,000, approximately $648 per square foot. This property was built in 1877. 581 Cambridge St is a home located in Suffolk County with nearby schools including Boston Green Academy Horace Mann Charter School, St Columbkille Partnership School, and Shaloh House Jewish Day School.

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MLS Property Information Network (MLS PIN) 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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Listing Agent
Jeremy Basso
Section Image
Boardwalk Properties