1081 River St

2,558 Sq. Ft.
$586 / Sq. Ft.
2,558
Sq. Ft.
$586
per Sq. Ft.

Description

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...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.
  1. Listed by Enis Shehu • Cameron Real Estate Group - Framingham
  2. Listed by Joni Shehu • Cameron Real Estate Group - Framingham

Property Details for 1081 River Street

Town
Boston
Area
MA-Boston
Garage Spaces
0
Open Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 05/02/2026 03:10 AM

Property Details for 1081 River Street

StatusActive
MLS #73508686
Days on Market34
Taxes$9,361 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1900
CountySuffolk County

Location

Listing Courtesy of Cameron Real Estate Group - Framingham, Enis Shehu; Cameron Real Estate Group - Framingham, Joni Shehu
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Building Information for 1081 River Street

Stories3Residences2Year Built1900Building Size-Lot Size0.33 AC / 14,363 SF

Payment Calculator

$8,255 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,475

Property Taxes

$780

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1081 River Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2558.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Gentle Sloping
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: This is a BPDA and ZBA approved development consisting of 28 rental units and 15 onsite parking spaces. Existing 2 family home is vacant and will needto be demolished.
Tax Information
  • Tax ID: 1339031
  • Assessments: $808,400
  • Book: 67319
  • Tax Year: 2025
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Levels: 3
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 1081 River Street

DateEvent & SourcePriceAppreciation
Apr 28, 2026

Listed (Active)

MLS PIN #73508690

$1,500,000—
Apr 28, 2026

Listed (Active)

MLS PIN #73508686

$1,500,000—
Dec 4, 2012

Sold (Public Record)

Public Record #343406743

$1

-80.7% / yr

DateEvent & SourcePrice
04/28/2026

Listed (Active)

MLS PIN #73508690

$1,500,000
04/28/2026

Listed (Active)

MLS PIN #73508686

$1,500,000
12/04/2012

Sold (Public Record)

Public Record #343406743

$1

-80.7% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1081 River Street

Taxable ValueLand$327,000Additions$481,400Total$808,400
Tax Record2025$9,361 ($780 / month)
Home Facts
Baths2Total Finished SqFt2,724 SqFtAbove Grade Finished SqFt2,724 SqFtStories2Lot Size14,363 SqFtStyleDuplexYear Built1920ZoningR2CountySUFFOLKAPNHYDE W:18 P:08824 S:000

Schools near 1081 River Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
Henry Grew Elementary School
PublicPK to 6

New Mission High School
Public7 to 12

Ruth Batson Academy
Public7 to 12

Channing Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1081 River Street is a multi-family home for sale in Boston, MA 02136. This property was listed for sale on April 28, 2026 by Cameron Real Estate Group - Framingham, it's currently listed at $1,500,000. It has been on the market for a total of 34 days and was last sold on December 4, 2012. This listing's school district is Boston Public Schools. Nearby schools include Henry Grew Elementary School, New Mission High School and Ruth Batson Academy. 1081 River Street is a 7-bed, 2-bath, 2,558 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cameron Real Estate Group - Framingham, Enis Shehu; Cameron Real Estate Group - Framingham, Joni Shehu

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.