645 River St, Boston MA 02136

Boston, MA 02136 • Hyde Park
$850,000
Est. $4,842/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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0.08
Acres
Commercial
Type
New today
Time on Market
For Sale Listed Oct 15, 2026 • MLS# 73591406 Copied! • Updated Oct 15, 2026

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About this home

Exceptional redevelopment opportunity at 645 River Street in Boston’s Hyde Park neighborhood. Approved plans call for replacing the existing grocery store with a new three-story, mixed-use building featuring approximately 1,546 square feet of first-floor commercial space designed for a self-service laundromat, plus four two-bedroom residences across the upper two floors. This thoughtfully designed project offers investors and developers the potential for both commercial and residential rental income. A visible location with convenient access to public transportation and neighborhood amenities makes this an exciting opportunity to bring modern housing and commercial space to an established Boston community.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 15, 2026
$850,000
Original listing
Agent: Anne Galvin Office: Coldwell Banker Realty - Dorchester

Tax History

Year Taxes Assessment
2026 $4,125 $0

Financial Details

Annual Property Tax
$4,125
Tax Year 2026
Assessed Value
$0

Facts & Features

Home Facts

Type Land
Style Commercial
Lot Size 0.08 acres

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Utilities

Electric On-site
Water Public
Sewer Public Sewer
Gas On-site
Other None
Annual Tax $4,125
Assessed Value 0.00
Seller Disclosures Fully Approved, Permit For 4 Residential And 2 Commercial Spaces
Possession None
Accepted Financing None
Structure Type []
Documents Building Permit (1)
County Suffolk

Property Overview

Property Type
Commercial
Listing Type
For Sale

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Utilities & Systems

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features:
School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
⚠ School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
↓ 1.8% below state avg
E

Elementary Schools

10 schools
F
Chittick Elementary School
0.3 mi | #794 of 825 | Score: 29.1
Dropped 180 spots from last year
-29.1 below state avg
275 students Diverse
Grades PK-06
C
KIPP Academy Boston Charter School
0.8 mi | #272 of 352 | Score: 34.5
Improved 36 spots from last year
-23.7 below state avg
627 students Diverse
Rising School
Grades K-08
C-
Mattahunt Elementary School
0.8 mi | #709 of 825 | Score: 35.0
Dropped 17 spots from last year
-23.2 below state avg
580 students Moderate
Grades PK-06
D
Mildred Avenue K-8 School
0.9 mi | #331 of 352 | Score: 28.0
Dropped 9 spots from last year
-30.2 below state avg
557 students Diverse
Grades PK-08
F
Young Achievers Elementary School
1.2 mi | #348 of 352 | Score: 23.8
Dropped 6 spots from last year
-34.4 below state avg
422 students Diverse
Grades PK-08
F
Shaw Elementary School
1.4 mi | #789 of 825 | Score: 29.4
Improved 48 spots from last year
-28.8 below state avg
469 students Moderate
Rising School
Grades PK-06
Berea SDA Academy
1.4 mi
Grades PK-08
New Beginnings Academy
1.4 mi
Grades PK-12
Sacred Heart Elementary School
1.5 mi
Grades PK-08
C+
Grew Elementary School
1.5 mi | #507 of 825 | Score: 44.5
Improved 217 spots from last year
-13.7 below state avg
196 students Diverse
Rising School Diverse Student Body
Grades PK-06
M

Middle Schools

10 schools
C
Ohrenberger School
2.5 mi | #266 of 352 | Score: 35.0
Improved 19 spots from last year
-23.2 below state avg
458 students Diverse
Diverse Student Body
Grades 03-08
Epiphany School
2.6 mi
Grades 05-08
Mother Caroline Academy
3.0 mi
Grades 05-08
Dearborn Middle School
3.1 mi
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
3.5 mi | #4 of 16 | Score: 42.5
Improved 187 spots from last year
-15.7 below state avg
1,225 students Diverse
Rising School College Ready Curriculum
Grades 05-08
Nativity Prep School
3.9 mi
Grades 05-08
F
Higginson/Lewis K-8 School
3.9 mi | #349 of 352 | Score: 23.2
Improved 3 spots from last year
-35 below state avg
246 students Diverse
Grades 03-08
Middle School Academy
5.4 mi
Irving Middle
1.8 mi
Frederick Pilot Middle
3.3 mi
H

High Schools

10 schools
A-
Boston Preparatory Charter Public School
0.6 mi | #8 of 25 | Score: 43.6
Improved 287 spots from last year
-14.6 below state avg
670 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
C+
New Mission High School
0.9 mi | #231 of 346 | Score: 49.5
Improved 97 spots from last year
-8.7 below state avg
739 students Diverse
13 sports • 458 athletes
Early College Program High Graduation Rate Rising School Diverse Student Body
Grades 07-12
B+
TechBoston Academy
1.9 mi | #10 of 25 | Score: 34.9
Improved 350 spots from last year
-23.3 below state avg
869 students Diverse
Rising School
Grades 07-12
D
English High School
2.9 mi | #328 of 346 | Score: 28.9
Improved 30 spots from last year
-29.3 below state avg
653 students Diverse
8 sports • 332 athletes
Rising School Career Tech Programs
Grades 07-12
B-
Margarita Muniz Academy
3.0 mi | #14 of 25 | Score: 31.6
Improved 349 spots from last year
-26.7 below state avg
480 students Less Diverse
Rising School
Grades 07-12
Roxbury Latin School
3.1 mi
Grades 07-12
Meridian Academy
3.3 mi
Grades 06-09
Catholic Memorial School
3.5 mi
15 sports • 2,206 athletes
Strong Athletics
Grades 07-12
A+
Boston Latin Academy
3.6 mi | #2 of 25 | Score: 64.9
Improved 214 spots from last year
+6.7 above state avg
1,669 students Very Diverse
17 sports • 1,298 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
B
Dearborn STEM Academy
4.4 mi | #13 of 25 | Score: 33.4
Improved 356 spots from last year
-24.8 below state avg
565 students Moderate
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
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Monthly Payment Calculator

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Loan Amount
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $344
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Hyde Park

645 River St, Boston MA 02136

Boston, MA 02136

Listing Information

Listing Agent Anne Galvin
Listing Office Coldwell Banker Realty - Dorchester
Office Phone 617-696-4430
Agent MLS ID NB110236
Office MLS ID AN7218
Listing Data Updated Oct 15, 2026 2:42 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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