$1,100,000
3
Beds
1/1
Bath
1,744
Living Area
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Property Description
Exceptional development opportunity in Medford's desirable APT-1 zoning district featuring a conceptual 3-townhouse development plan on a 7,270± SF lot. The property has received Historical Commission, Zoning & demolition approvals, providing developers with a significant head start in the redevelopment process. The development package includes conceptual renderings, floor plans, a site layout, & project highlights. An existing 5-unit feasibility study is also available upon request for buyers interested in exploring additional development potential. Subject to required municipal approvals. Ideally located with convenient access to Boston, Assembly Row, Tufts University, shopping & public transportation. The property meets the current Medford zoning lot size requirements for the conceptual 3-townhouse development plan. Buyer & buyer's agent to perform their own independent due diligence regarding zoning, permitting, engineering, development potential & all municipal approval
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Highlights
- Area: Tufts University
- Parking Spots: 2
- Property Type: Single Family Residence
- Total Rooms: 6
- Status: Active
- Heating: Steam
- Property Class: Residential
- Style: Colonial
- Year Built: 1935
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Additional Details
- Basement: Full, Finished
- Flooring: Wood
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Source: Public Records
- Fireplaces: 1
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- Year Built Details: Approximate
- Zoning: Apt1
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Amenities
- Community Features: Public Transportation, Shopping, Park, Highway Access, Public School, University
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $776,700
- Taxes: $6,703
- Tax Year: 2026
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