NOT LISTED FOR SALE
9 Beds
6 Baths
4,162 Sq Ft
10,551 Sq Ft Lot

Sale Details

Date Sold: January 13, 2026

Last sale price $2,450,000 $589 Per Sq Ft

44 Days on Market

Highlights

  • Medical Services
  • 0.24 Acre Lot
  • Deck
  • City View
  • Open Floorplan
  • Property is near golf course, public transit, and schools

About This Home

As of January 2026

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

Last Agent to Sell the Property

Jeremy Basso

Coldwell Banker Realty - Newton Listed on: 08/13/2025

Coldwell Banker Realty - Newton

Last Buyer's Agent

Brian Fitzpatrick

Coldwell Banker Realty - Waltham

Coldwell Banker Realty - Waltham

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

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 golf course, 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

  • 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

10,551 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1877
  • Levels: 6
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • 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
  • Basement YN: Yes
  • Full 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
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Balcony/Deck
  • Fencing: Fenced
  • Foundation Details: Stone
  • 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 Spaces: 9
  • 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 Sq Ft: 10551
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 23034

Multi Family

  • Net Operating Income: 146040
  • Number Of Units Total: 3
  • Total Actual Rent: 13000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73417594

MLS Property Information Network (MLS PIN)

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

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