Approved Four-Story Rental
1081 River Street Boston, MA 02136
1081 River Street, Boston, MA, 02136
$1,500,000
For Sale
$1,500,000
BPDA and ZBA approved four-story project with 28 units and 15 onsite parking spaces.
Property Size27,584 SF
Price / SF$54.38
Days on Market104
Property Features for 1081 River Street
General Information
- Standard status
- Active
- Size
- 27,584 SF
- Property subtype
- Land
Listing agency
Cameron Real Estate Group - Framingham
Listed by
Enis Shehu
(617) 846-8000
Source
Highlandre
Added: Apr 10 Updated: Jul 20 at 7:59PM Checked: Jul 21 at 7:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cameron Real Estate Group - Framingham
Investment Insights
Based on property information with market context.
1081 River St presents a BPDA and ZBA approved plan for the construction of a four-story residential building totaling approximately 27,584 square feet of gross floor area, with 28 rental units and 15 onsite parking spaces. The unit mix includes nine studios, three one-bedroom units, 13 two-bedroom units, and three three-bedroom units.
The site is described as an urban infill location with excellent MBTA access, including bus lines and good proximity to commuter rail stations.
The current plan calls for an estimated gross rental income of over $1M per year. The offering notes the asset is intended as a long-term rental property, with the possibility to hold and sell as a multifamily asset or potentially pivot to a condo scenario.
The site is described as an urban infill location with excellent MBTA access, including bus lines and good proximity to commuter rail stations.
The current plan calls for an estimated gross rental income of over $1M per year. The offering notes the asset is intended as a long-term rental property, with the possibility to hold and sell as a multifamily asset or potentially pivot to a condo scenario.
Key Highlights
- BPDA and ZBA approved four‑story residential development with 28 rental units at 1081 River St
- Total gross floor area of approximately 27,584 SF for the proposed 28‑unit building
- Unit mix: 9 studios, 3 one‑bedroom, 13 two‑bedroom, and 3 three‑bedroom units
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FAQs
What type of property is this?
Apartment building - BPDA and ZBA approved four-story project with 28 units and 15 onsite parking spaces.
Where is this apartment building located?
The property is located at 1081 River Street Boston, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: BPDA and ZBA approved four‑story residential development with 28 rental units at 1081 River St; Total gross floor area of approximately 27,584 SF for the proposed 28‑unit building; Unit mix: 9 studios, 3 one‑bedroom, 13 two‑bedroom, and 3 three‑bedroom units
