$1,000,000
9
Beds
6/3
Baths
7,500
Living Area
-
Property Description
Exceptional development opportunity in Medford's desirable APT-1 zoning district featuring a comprehensive conceptual 3-townhouse development package on a 7,270± SF lot. The development package includes conceptual renderings, floor plans, a site layout, project highlights, and an architectural feasibility study. Seller has begun the ZBA variance application process. A preliminary construction estimate and builder information are also available upon request for buyers seeking additional project planning information. Subject to buyer verification and all required municipal approvals. Ideally located with convenient access to Boston, Assembly Row, Tufts University, shopping, and public transportation. Buyer and buyer's agent to perform their own independent due diligence regarding zoning, permitting, engineering, development potential, and all required municipal approvals.
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Highlights
- Area: Tufts University
- Parking Spots: 12
- Property Type: 3 Family
- Total Rooms: 21
- Status: Active
- Levels: 9
- Property Class: Residential Income
- Stories: 9
- Year Built: 1935
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Additional Details
- Basement: Full, Finished
- Lot Features: Level
- SqFt Source: Other
- Year Built Details: To Be Built
- Zoning: Apt1
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Highway Access, Public School, University
- Covered Parking Spaces: 6
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Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $776,700
- Taxes: $6,703
- Tax Year: 2026
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