J
Seller's Agent in 2026
Jeremy Basso
Coldwell Banker Realty - Newton
3 in this area
3 Total Sales
581 Cambridge St Allston, MA 02134
Brighton Neighborhood
9
Beds
6
Baths
4,162
Sq Ft
10,551
Sq Ft Lot
Highlights
- Golf Course Community
- City View
- Open Floorplan
- Medical Services
- 0.24 Acre Lot
- Deck
About This Home
As of January 2026Rare 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
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
- 9 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Balcony
- Deck
- Patio
- Porch
Location
- Property is near public transit and schools
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $13,000
- 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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2026 01/13/26 | Sold | $2,450,000 | -7.5% | $589 / Sq Ft |
| 09/26/2025 09/26/25 | Pending | -- | -- | -- |
| 08/28/2025 08/28/25 | Price Changed | $2,649,000 | -1.9% | $636 / Sq Ft |
| 08/13/2025 08/13/25 | For Sale | $2,699,000 | -- | $648 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,034 | $1,989,100 | $524,000 | $1,465,100 |
| 2024 | $22,224 | $2,038,900 | $470,400 | $1,568,500 |
| 2023 | $21,084 | $1,963,100 | $447,800 | $1,515,300 |
| 2022 | $20,732 | $1,905,500 | $434,700 | $1,470,800 |
| 2021 | $19,006 | $1,781,300 | $410,100 | $1,371,200 |
| 2020 | $16,328 | $1,546,200 | $0 | $1,546,200 |
| 2019 | $15,434 | $1,464,300 | $321,000 | $1,143,300 |
| 2018 | $15,261 | $1,456,200 | $321,000 | $1,135,200 |
| 2017 | $13,588 | $1,283,113 | $285,690 | $997,423 |
| 2016 | $11,250 | $1,022,700 | $298,900 | $723,800 |
| 2015 | $7,678 | $634,024 | $199,998 | $434,026 |
| 2014 | $6,554 | $520,960 | $216,832 | $304,128 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Basso
-
Brian Fitzpatrick
Buyer's Agent in 2026
Brian Fitzpatrick
Coldwell Banker Realty - Waltham
(781) 258-8331
1 in this area
205 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73417594
APN: ALLS W:21 P:01309 S:000
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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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