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581 Cambridge St Boston, MA 02134

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For Sale
$2,649,000

Turn-key investment property in Allston's rental corridor.

Lot size:
0.24 Acres

Property Features for 581 Cambridge St

General Information

Lot size
0.24 Acres

Building Details

Year built
1877

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Listing Contact
Jeremy Basso
Source: Elliman

Listing Agent: Jeremy Basso

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Allston Income Property with Expansion

Located in one of Allston's most active rental corridors, 581 Cambridge St is an income-producing asset. Situated on a 10,550 sqft lot, this compound includes two fully leased, separately metered structures: a 2-family Victorian and a detached carriage house. The property currently earns $13,000 per month. All units feature in-unit laundry and central A/C. The property includes multiple private decks and a patio, and ample off-street parking. It is located steps from Harvard Ave, the Green Line, and Boston's top universities. This well-maintained property has no major capital needs. It offers the option to redevelop, condo convert, or expand in the future (buyer to verify).
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Boston
County
Suffolk
State
Massachusetts
Longitude
-71.14133
Latitude
42.35249

FAQs

What type of property is this?
Duplex - Turn-key investment property in Allston's rental corridor.
Where is this duplex located?
The property is located at 581 Cambridge St Boston, MA.
What is the asking price?
The asking price for this property is $2,649,000.
What are key features of this property?
This property features: - High income-producing property currently earning $13,000/month.; - Large 10,550 sqft lot with future redevelopment, condo conversion, or expansion potential (buyer to verify).; - Two fully leased, separately metered structures: a 2-family Victorian and a detached carriage house.
More about this property
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