1081 River St

Boston, MA 02136

$1,500,000

Price

$1,500,000

Price

1081 River St offers a BPDA and ZBA approved project for the construction of a four (4) story residential building featuring 28 rental units with 15 onsite parkingspaces. The development spans approximately 27,584 square feet of gross floor area and includes 9 studios, 3 one-bedroom units, 13 two-bedroom units, and 3three-bedroom units. Estimated gross rental income is over $1M/year. 1081 River Street is in a prominent urban infill location with excellent MBTA access, includingbus lines and good proximity to commuter rail stations. Build a generational rental asset to hold long term, stabilize, and sell as a MF asset or potentially pivot to acondo scenario. Endless opportunities await this unique development opportunity.

Property Type Land
Property Sub Type Residential
Property Status Active
Time on Market 2 days
MLS# 73508690
Lot Size 14,363 Sq. Ft.
Listed Price $1,500,000
Property Taxes $9,361
Data Source MLS PIN
Sean Loughran

Senior Associate

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Perks
Festivals and Events
Green Space
Historic
Restaurants and Nightlife
Waterfront
Location

You’ve heard of Boston. A place where history, culture, and modernity blend seamlessly; home to some of the country’s oldest educational institutions and newest technology companies. The capital city includes 23 neighborhoods, each lending unique features to the city’s captivating character. A great place to visit — and to live.

  • Pet-Friendly
  • Restaurants and Nightlife
  • Waterfront

Commercial Sales

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617.314.9400

The property listing data and information, or the Images, set forth herein were provided 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.

Listing Courtesy of: Cameron Real Estate Group - Framingham

Listing Agent: Enis Shehu


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Property Details


Property Type Land
Property Sub Type Residential
County Suffolk
Lot Description Sloped, Wooded
Waterfront? No
Water Public
Assessments 808400
Adult Community No
Acres 0.33
Town Boston
ZIP 02136
Road Type Public
Sewer Public Sewer
Tax Year 2025

Schools


School data provided by GreatSchools.

The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

Find out more about GreatSchools ratings.

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