Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

581 Cambridge St

Boston, MA ID #73417594

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581 Cambridge St

- Boston, MA ID #73417594

Property Description

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

Additional Details

  • Status: ACT
  • Type: Multi-Family, 3 Family
  • Zip Code: 02134
  • Taxes: 23,034
  • Levels: 6
  • Acres: 0.24

Parking

  • Parking: Shared Driveway, Off Street, Unpaved
  • Parking Spaces: 9

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 6
  • Total Rooms: 16

Location

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581 Cambridge St, Boston, MA

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Jeremy Basso of Boardwalk Properties. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.