581 Cambridge St, Boston, MA 02134 | Nathan Klairmont, Real Estate Agent

581 Cambridge St, Boston, MA 02134

  • $2,699,000
  • $648
581 Cambridge St, Boston, MA 02134


Overview

Property ID: 73417594
  • Multi-family
  • Property Type
  • 9
  • Bedrooms
  • 6
  • Bathrooms
  • 0
  • Garage
  • 10551
  • Sq Ft
  • 1877
  • Year Built

Description

Multi Family property with 9 bedroom(s), 6 bathroom(s) in Boston MA.

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

  • Address 581 Cambridge St, Boston, MA 02134
  • City Boston
  • State/county MA
  • Zip/Postal Code 02134

Details

Updated on August 14, 2025 at 7:20 am
  • Property ID: 73417594
  • Price: $2,699,000
  • Property Size: 10551 Sq Ft
  • Bedrooms: 9
  • Bathrooms: 6
  • Garage: 0
  • Year Built: 1877
  • Property Type: Multi-family
  • Property Status: For Sale

Additional details

  • Basement: Full,Interior Entry,Bulkhead,Concrete,Unfinished
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Fire places: 0
  • Heating: Central,Forced Air,Natural Gas
  • Total Rooms: 16
  • Parking Features: Shared Driveway,Off Street,Unpaved
  • Roof: Shingle
  • Sewer: Public Sewer
  • Water Source: Public
  • Exterior Features: Balcony/Deck
  • Interior Features: 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
  • Office Name: Boardwalk Properties
  • Agent Name: Jeremy Basso

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