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.
This home has been viewed 24 times
Last Checked: June 4th, 2026 at 4:31am (Source: MLS PIN #73507186)
Gross Income: $0
Gross Expenses: $9,361
Net Income Calc: $9,361
Annual Expenses for 1081 River St, Boston MA 02136
Total Gross Expenses (Calculated)$9,361/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9361
Annual Income & Unit Breakdown for 1081 River St, Boston MA 02136
Total Gross Income (Calculated)$0
General Information for 1081 River St, Boston MA 02136
Listing ID73507186
Property TypeMulti Family / 5+ Family
Price1500000
StyleResidential
CityBoston
CountySuffolk
Neighborhood(s)
Approximate Living Area Total0
Approximate Lot Size (Acres)0.33
Total Parking0
Year Built2026
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Zoning DetailsLegal Conforming
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 1081 River St, Boston MA 02136
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
ExclusionsTenants Washer And Dryer In The Basement.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 1081 River St, Boston MA 02136
Real Estate Taxes9361
Tax Year2025
Assessed Value$0
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 1081 River St, Boston MA 02136
Neighborhood(s)
Area Amenities
Contact Information for 1081 River St, Boston MA 02136