$1,350,000
39
Beds
26
Baths
14,250
Living Area
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Property Description
Unique Development opportunity in one of Boston's Hottest submarkets. Located in the Coveted MFR multi family zoning district, this 1/3 Acre vacant lot is perfectly positioned on a beautiful treelined street yet just around the Corner from the Train, shop's restaurants. Initial feasibility shows 14,150 & 13 units to be allowed by right on the parcel (no variance or approvals required) Rent's & condo prices in the neighborhood have already reach staggering new highs in pricing, yet the neighborhood boasts the infrastructure and key geographic location for even more growth and development. With a massive housing shortage in the area, this site also present itself as a large scale development. Seller has plans & survey in hand for (13) 3 bedroom 2 bathrooms. The efficient construction plans were designed to minimize cost & maximize return.
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Highlights
- Area: Dorchester
- Parking Spots: 15
- Property Type: 5-9 Family
- Total Rooms: 78
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 2025
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Additional Details
- Foundation: Slab
- Total Number of Units: 13
- Year Built Source: Owner
- SqFt Source: Other
- Year Built Details: To Be Built
- Zoning: Cl
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Amenities
- Parking Features: Paved Drive
- Waterfront Features: Harbor, Ocean, 1 to 2 Mile To Beach
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $575,900
- Taxes: $14,553
- Tax Year: 2024
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