281 Newbury St

5,510 Sq. Ft.
$1,089 / Sq. Ft.
5,510
Sq. Ft.
$1,089
per Sq. Ft.

Description

Rare opportunity to acquire a multi-unit apartment building in the heart of Back Bay, ideally positioned on iconic Newbury Street. This premier location offers unmatched access to Boston’s best shopping, dining, and public transportation, making it highly desirable for tenants. The property has been well maintained over time, with units that remain in good condition and are readily rentable as-is. The majority of the apartments are currently tenanted, providing immediate in-place income for an investor....Rare opportunity to acquire a multi-unit apartment building in the heart of Back Bay, ideally positioned on iconic Newbury Street. This premier location offers unmatched access to Boston’s best shopping, dining, and public transportation, making it highly desirable for tenants. The property has been well maintained over time, with units that remain in good condition and are readily rentable as-is. The majority of the apartments are currently tenanted, providing immediate in-place income for an investor. At the same time, there is a clear value-add opportunity through interior modernization, with strong potential to significantly increase rental income and overall asset value. Existing units offer efficient layouts that lend themselves well to thoughtful upgrades. In addition to its income potential, the asset may also present compelling development possibilities, making it attractive to both investors and developers alike. Rear parking provides a rare and highly coveted amenity in this location. Outdoor space further enhances tenant appeal and long-term marketability. With limited inventory on Newbury Street, opportunities like this are increasingly scarce. This is an ideal asset for those seeking a blend of stable in-place income, future upside, and potential development value in one of Boston’s most sought-after neighborhoods.

Listing Agents

  1. Michael Sherman

    Michael Sherman

    Listing Agent

    Compass

  2. Crystal M. Roach

    Crystal M. Roach

    Alternative Listing Agent

    Compass

    crystal.roach@compass.com

    P: (508)-769-8838

  3. The Roach & Sherman Team

    The Roach & Sherman Team

    Alternative Listing Agent

    Compass

    rsteam@compass.com

    P: (508)-769-8838

Property Details for 281 Newbury Street

Town
Boston
MLS Area
Back Bay
Area
MA-Boston, MA-Boston-Back Bay
Garage Spaces
0
Open Parking Spaces
1.00
Parking Spaces Total
1

Amenities

  • Laundry in Building
  • Baseboard Heating
  • Private Entrance
  • Hardwood Floors
  • Basement
  • Full Basement
  • Electric Heat
  • Gas Heat
LISTING UPDATED: 05/02/2026 03:13 PM

Property Details for 281 Newbury Street

StatusComing Soon
Days on Market-
Taxes$17,019 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-family
Year Built1899
Lot Size0.05 AC / 2,195 SF
CountySuffolk County
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Building Information for 281 Newbury Street

Stories4Residences-Year Built1899Building Size-Lot Size0.05 AC / 2,195 SF

Payment Calculator

$31,631 per month

30 year fixed, 6.46% Interest

Principal and Interest

$30,213

Property Taxes

$1,418

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 281 Newbury Street

Features
Interior Features
  • Num of Full Baths: 7
  • Num of Half Baths: 0
Building / Association Information
Living Characteristics
  • Beds Total: 8

Public Records for 281 Newbury Street

Taxable ValueLand$1,492,100Additions$176,100Total$1,668,200
Tax Record2025$19,318 ($1,610 / month)
Home Facts
Total Finished SqFt5,510 SqFtAbove Grade Finished SqFt5,510 SqFtStories4Lot Size2,195 SqFtStyleMulti-Family Res (5+ Units)Year Built1899Year Renovated2017ZoningR4CountySUFFOLKAPNCBOS W:05 P:03084 S:000

Schools near 281 Newbury Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - 1 to 12
Public - 8 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mel H King Elementary
Public1 to 12

Carter School
Public8 to 12

Snowden Int'L High School
Public9 to 12

Boston Arts Academy
Public9 to 12

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.

Back Bay
Back Bay
Upscale shopping and vibrant nightlife, set against Boston’s trademark historic charm. Situated within the heart of Boston alongside the Charles River, many of the city’s best shops and restaurants are clustered in this picturesque neighborhood. With an urban plan that mirrors Paris, Back Bay...

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281 Newbury Street is a multi-family home Coming Soon in Boston, MA 02115. This property is currently priced at $6,000,000. This listing's school district is Boston Public Schools. Nearby schools include Mel H King Elementary, Carter School and Snowden Int'L High School. 281 Newbury Street is a 8-bed, 7-bath, 5,510 sqft multi-family home built in 1899.

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.

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.