76-96 Maple St
$5,250,000
14
Beds
20
Baths
29,444
Sqft
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$5,250,000
14
Beds
20
Baths
29,444
Living Area
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Property Description
Presenting a rare investment opportunity in the heart of Florence, MA—The Parsons Block at 76-96 Maple Street. This mixed-use property features 10 residential units and 10 street-level commercial spaces, plus a vacant mixed use 2-family and single-family home ready for repositioning or redevelopment. Included is an option to develop 11 townhouse condominiums (already approved) or keep the existing single family (previously used as a group home) and two unit mixed used building. Major capital improvements include a new roof (2022), upgraded fire alarm system (2022), and a multi-phase electrical service overhaul (2023–2025). Several commercial spaces have been outfitted with custom, high-end buildouts. Positioned in a vibrant, walkable location near downtown amenities, The Parsons Block offers solid in-place income with significant upside through redevelopment and unit repositioning. A true centerpiece for any investor seeking a legacy asset with immediate cash flow and long-term growth.
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Highlights
- Acres: 1
- Parking Spots: 20
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 70
- Status: Active
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1894
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Additional Details
- Basement: Full
- Fireplaces: 9
- Foundation: Concrete Perimeter, Block, Brick/Mortar
- Roof: Rubber
- Total Number of Units: 23
- Year Built Source: Public Records
- Construction: Brick
- Flooring: Wood, Vinyl
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Gb
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Amenities
- Community Features: Public Transportation, Laundromat, House of Worship, Public School
- Parking Features: Paved Drive, Off Street, On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $2,212,200
- Tax Year: 2025
- Total Rent: $28,154
- Compensation Based On: Net Sale Price
- Taxes: $38,000
Content © 2025 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 Lock and Key Realty Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.