Property Photo: 581 Cambridge St MA 02134

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Listing Courtesy of: MLS PIN / Boardwalk Properties / Jeremy Basso

581 Cambridge St Boston, MA 02134

Sold on 01/13/2026

$2,450,000 ^(USD)

BED

BATH

4,162

SQFT

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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

MLS #:
73417594

Taxes
$23,034(2025)

Lot Size
10,551 SQFT

Type
Multifamily

Year Built
1877

Views
City

County
Suffolk County

Listed By

Jeremy Basso, Boardwalk Properties

Bought with
Brian J. Fitzpatrick

Source
MLS PIN
Last checked Jan 15 2026 at 8:57 AM GMT+0000

Bathroom Details

Interior Features

Range
Refrigerator
Dryer
Washer
Storage
Dishwasher
Microwave
Disposal
Stone/Granite/Solid Counters
Cathedral/Vaulted Ceilings
Upgraded Cabinets
Freezer
Bathroom With Tub
Bathroom With Tub & Shower
Laundry: Washer Hookup
Open Floorplan
Ceiling Fan(s)
Walk-In Closet(s)
Loft
Living Room
Kitchen
Windows: Skylight(s)
Smart Thermostat

Property Features

Fireplace: 0
Foundation: Stone

Heating and Cooling

Forced Air
Natural Gas
Central
Central Air

Basement Information

Full
Bulkhead
Unfinished
Interior Entry
Concrete

Flooring

Wood
Tile
Hardwood

Exterior Features

Roof: Shingle

Utility Information

Utilities: Water: Public, For Gas Range, Washer Hookup
Sewer: Public Sewer

Parking

Off Street
Shared Driveway
Unpaved
Total: 9

Stories

Living Area

4,162 sqft

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Aug 28, 2025

Price Changed

$2,649,000

-2%

-$50,000

Aug 13, 2025

Listed

$2,699,000

Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. © 2026 MLS Property Information Network, Inc.. 1/15/26 00:57