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.
This home has been viewed 24 times
Last Checked: June 4th, 2026 at 4:29am (Source: MLS PIN #73508690)
General Information for 1081 River St, Boston MA 02136
Listing ID73508690
Price1500000
Land TypeResidential
Approx AcresApprox. 0.33 acres (14,363 SqFt)
Number of Lots
Road Frontage Type
ZoningR2
Electric220 Volts
GasOn-Site
WaterPublic
SewerPublic Sewer
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront0
Waterfront Features
View
Disclosures for 1081 River St, Boston MA 02136
Special Listing Conditions
Financial Information for 1081 River St, Boston MA 02136
Association Fee
Tax9361
Tax Year2025
Assessed Value$808,400
Contact Information for 1081 River St, Boston MA 02136