$925,000
6,224
Living Area
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Property Description
DEVELOPMENT OPPORTUNITY! ZBA Approvals for Sale!!! Explore the potential of this property with approved building plans to transform an existing 2-family home into 5 brand-new condominiums! The seller has successfully navigated the approval process, making it hassle-free for the buyer. The proposed construction includes 5 spacious units, with 5 dedicated garage parking spaces. The well-designed floor plans feature four 3-bedroom, 2-bathroom units and one 2-bedroom, 2-bathroom unit. Conveniently located with direct access to multiple transit stops and just steps away from Constitution Beach, this project offers an excellent investment prospect. The property is delivered vacant, presenting a blank canvas for the realization of this lucrative development. Don't miss out on the chance to be part of one of East Boston's hidden gems!
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Highlights
- Area: East Boston's Orient Heights
- Property Class: Residential Income
- Year Built: 1900
- Parking Spots: 4
- Property Type: 5-9 Family
- Status: Closed
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Additional Details
- Foundation: Concrete Perimeter
- Total Number of Units: 5
- Year Built Source: Public Records
- Lot Features: Level
- Year Built Details: To Be Built
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Park, Bike Path, Conservation Area, Marina, Public School, T-Station
- Waterfront Features: Beach Front, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
- Covered Parking Spaces: 5
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $721,100
- Compensation Based On: Gross/Full Sale Price
- Taxes: $7,745
- Buyer Agent Compensation: 2%
- Tax Year: 2023
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of EVO Real Estate Group, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.