Unit Information
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: NEW
- Type: Multi-Family, 3 Family
- Zip Code: 02134
- Levels: 6
- Parking
- Parking: Shared Driveway, Off Street, Unpaved
- Parking Spaces: 9
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 6
- Total Rooms: 16
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$2,699,000
- Status: New
- Listing ID: 73417594
- Bedrooms: 9
- Full Baths: 6
- Living Area: 4,162 sqft Convert
- Lot Size: 10,551 sqft Convert
- Acres: 0.24
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |