Sold!
$1,800,000
0.48
Acres
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Property Description
141-143 Addison Street is a unique investment and development site located minutes downtown Boston. The 21,100 SF site is currently improved with 2 single story flex/industrial buildings totaling 15,400 SF. The property is an ideal housing redevelopment opportunity (rentals or condominiums). In addition to its development potential, the property is a rare occupancy opportunity for an industrial user/tenant and it presents considerable upside for an investor with its short term, below market in-place leases. A short walk to the MBTA’s Blue Line, proximate to numerous MBTA bus stops and immediately accessible to Route 1 and I-90 and I-93, the property is convenient to key destinations throughout the Boston metro area. The property is comprised of 2 separate tax parcels. The property is available as a package (both tax parcels) or individually.
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Highlights
- Area: East Boston
- Property Type: Residential
- Property Class: Land
- Status: Closed
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Additional Details
- Lot Features: Other
- Zoning: 999
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Amenities
- Waterfront Features: Harbor, 3/10 to 1/2 Mile To Beach
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Utilities
- Electric: Other (See Remarks)
- Water Source: Other
- Sewer: Other
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Fees / Taxes
- Assessed Value: $999
- Taxes: $999
- Tax Year: 999
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Listing information provided courtesy of Cushman & Wakefield.
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