Discover Your Cape Cod

1081 River StreetBoston, MA 02136Price: $1,500,000

  • Price: $1,500,000
  • 21 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,500,000List Price
  • 0.33Acreage
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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 parking spaces. 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 3 three-bedroom units. Estimated gross rental income is over $1M/year. 1081 River Street is in a prominent urban infill location with excellent MBTA access, including bus 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 a condo scenario. Endless opportunities await this unique development opportunity.

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Listed by Enis Shehu of Cameron Real Estate Group - Framingham

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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 or leasing 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 or leasing. MLSPIN 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.

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