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$1,350,000
Est. payment /mo
39 Beds
26 Baths
14,250 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,250 sqft
Price per Sqft $94
MLS Listing ID 73579777
Bedrooms 39
Full Baths 26
Year Built 2025
Annual Tax Amount $14,553
Tax Year 2024
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type 5-9 Family
Property Description
Unique Development opportunity in one of Boston's Hottest submarkets. Located in the Coveted MFR multi family zoning district, this 1/3 Acre vacant lot is perfectly positioned on a beautiful treelined street yet just around the Corner from the Train, shop's restaurants. Initial feasibility shows 14,150 & 13 units to be allowed by right on the parcel (no variance or approvals required) Rent's & condo prices in the neighborhood have already reach staggering new highs in pricing, yet the neighborhood boasts the infrastructure and key geographic location for even more growth and development. With a massive housing shortage in the area, this site also present itself as a large scale development. Seller has plans & survey in hand for (13) 3 bedroom 2 bathrooms. The efficient construction plans were designed to minimize cost & maximize return.
Location
State MA
County Suffolk
Area Dorchester
Zoning CL
Direction Stanwood street
Exterior
Waterfront Description Harbor,Ocean,1 to 2 Mile To Beach
Total Parking Spaces 15
Garage No
Building
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Riverfront REALTORS®
NEARBY SCHOOL & BUSINESS