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$1,500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 7 Total Beds
  • 0.33 Acres
  • Updated 2 days ago
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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 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.

Full Property Details for 1081 River St

General

  • Price: $1,500,000
  • Taxes: $9,361 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73508686
  • Updated: 5/2/2026
  • Added to Site: 7 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 7

Location

  • County: Suffolk

Structural Information

  • Basement: Yes
  • Stories/Levels: 3
  • Square Feet: 2,558
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.33

Financial Considerations

  • Tax Amount: $9,361
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: 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.
  • Property ID: 1339031

Listed by Cameron Real Estate Group - Framingham, Enis Shehu and Joni Shehu

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Listing agents

— 1081 River St —

  • Enis Shehu

    Cameron Real Estate Group - Framingham

  • Joni Shehu

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1081 River St

School District:Boston School District
NameGradesDistance
Chittick Elementary School
154 Ruskindale Road, Boston, MA 02126
PK-50.9 mi
Channing Elementary School
35 Sunnyside Street, Boston, MA 02136
PK-50.9 mi
Franklin D. Roosevelt K-8 School
95 Needham Road, Boston, MA 02136
PK-81.1 mi
New Mission High School
655 Metropolitan Ave, Boston, MA 02136
9-120.3 mi
Boston Community Leadership Academy
655 Metropolitan Ave, Boston, MA 02136
9-120.3 mi
Washington Irving Middle School
105 Cummins Hwy, Boston, MA 02131
6-81.8 mi
Another Course To College
612 Metropolitan Av, Boston, MA 02136
9-120.5 mi
West Roxbury Academy
60 Hawthorne St, Boston, MA 02131
9-121.7 mi
Urban Science Academy
60 Hawthorne St, Boston, MA 02131
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1081 River St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2026
Listed
$1,500,000
102.7%
MLS
3/11/2022
Sold
$740,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1081 River St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,361
19%
$808,400
12%
2024
$7,843
14%
$719,500
12%
2023
$6,902
7%
$642,600
8%
2022
$6,470
4%
$594,700
2%
2021
$6,221
5%
$583,000
4%
2020
$5,902
2%
$558,900
2%
2019
$5,776
11%
$548,000
10%
2018
$5,219
4%
$498,000
5%
2017
$5,023
10%
$474,300
14%
2016
$4,577
-6%
$416,100
4%
2015
$4,852
9%
$400,700
13%
2014
$4,460
—
$354,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1081 River St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Cameron Real Estate Group - Framingham, Enis Shehu and Joni Shehu

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1081 River St, Boston, MA 02136 (MLS# 73508686) is a Multi-Family property with 2 units containing 7 bedrooms and 2 full bathrooms. 1081 River St is currently listed for $1,500,000 and was received on April 28, 2026. Want to learn more about 1081 River St? Do you have questions about finding other Multi-Family real estate for sale in Boston? You can browse all Boston real estate or contact a Coldwell Banker agent to request more information.

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