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INVESTMENT SNAPSHOT
About this property
Darwin Associates is pleased to present 586 Canterbury, fully approved/permitted and delivered shovel-ready for a 46-unit luxury apartment building. Located in one of Boston's most vibrant and rapidly growing neighborhoods, the approved project totals approximately 44,656 square feet across four stories and includes 46 residential units comprised of 10 studios, 26 one-bedrooms and 10 two-bedroom units. The development includes 32 on-site surface grade parking spaces and is situated approximately 20 minutes to Downtown Boston, offering immediate access to Boston's employment centers, transit, and neighborhood amenities. Amenities include a community room, workspace area, gym, bike storage, pet spa, lobby, mailroom and elevator access.
Property details
| Units | 46 |
| Living area | 50,247 sqft |
| Lot size | 42,652 sqft |
| Year built | 2026 |
| Price / sqft | $61 |
| County | Suffolk |
| MLS # | 73463719 |
Listing status
| Days on market | 78 days |
| Listed on | December 26, 2025 |
Taxes & financials
| Annual property tax | $0 |
| Tax year | 2025 |
| Assessed value | $0 |
| Zoning | 0 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 4 |
| Total rooms | 0 |
| Lot size | 0.98 acres |
| Garage spaces | 0 |
| Parking spaces | 32 |
| Foundation | Concrete Perimeter |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Darwin Associates — Acone & Company Team. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 586 Canterbury Street, Boston MA 02131 have?
It is a 46-unit multi-family property with 50,247 sqft of living area, built in 2026.
How long has 586 Canterbury Street, Boston MA 02131 been on the market?
586 Canterbury Street, Boston MA 02131 has been listed for 78 days (since December 26, 2025).
What is the estimated cap rate on this 46-family in Boston?
Based on area median rents, the estimated cap rate is about 38.8%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $3,050,000 across 46 units, that works out to roughly $66,304 per unit.
What is the price per square foot?
At $3,050,000 for 50,247 sqft, that's about $61 per square foot.
Is there parking?
32 total parking spaces.
Where is this property located?
586 Canterbury Street, Boston MA 02131 is in Boston, Suffolk County, MA 02131.
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