$7,000,000
5
Beds
3/1
Baths
3,228
Living Area
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Property Description
258-270 K street is an exceptionally rare corner lot development opportunity with multiple curb cuts in the heart of South Boston. 258-266 K street is formally the site of the beloved Joseph's Bakery and consists of 3700 usable sf + basement on a 5368 sf lot. 268-270 K street the adjacent building is a 3228 sf well maintained 2-family on a 6603 sf lot. Additionally, this parcel has 10 gated parking spaces, an extreme rarity in Southie! The sale of the 2 parcels would give the buyer a combined 11,971 sf lot. Located in the South Boston Neighborhood MFR zoning district, there is a wide array of allowed & conditional uses for redevelopment. With approval, highest & best use is expected to be a fully residential conversion or a mixed use retail/residential conversion. The multifamily residential subdistrict dimensional regulations including FAR, frontage, building height, etc. can be found in article 68 table D on the Boston planning and development agency website.
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Highlights
- Area: South Boston
- Property Class: Residential Income
- Total Rooms: 14
- Status: Active
- Parking Spots: 10
- Property Type: Multi Family
- Year Built: 1950
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Additional Details
- Construction: Frame
- Fireplaces: 1
- Lot Features: Corner Lot
- Year Built Details: Unknown/Mixed
- Zoning: C & R2
- Exclusions: Sellers Personal Belongings And Some Business Equipment/Appliances.
- Foundation: Concrete Perimeter, Stone, Brick/Mortar
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School
- Waterfront Features: Beach Front, 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: $2,915,700
- Taxes: $46,419
- Tax Year: 2024
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