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$699,000
Est. payment /mo
20 Beds
12 Baths
7,006 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,006 sqft
Price per Sqft $99
MLS Listing ID 73593758
Bedrooms 20
Full Baths 12
Year Built 2025
Annual Tax Amount $14,553
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5-9 Family
Property Description
Unique Development opportunity in one of Boston's Hottest submarkets. Enormous Vacant lot Zoned for both Multifamily residential and commercial, this spacious lot is perfectly positioned on a beautiful treelined street yet just around the Corner from the Train, shop's restaurants. 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 could present itself as a large scale development. Or if seeking to build without need for approval process (no variances), 6 units over retail & 7006 sq feet is be allowed by right on the parcel. Initial feasibility shows 6 4 bedroom 2 baths can work in a 3 story structure with plenty of room for parking and decks. Or 6 Smaller 2-3 bed 2 baths over ground floor retail. Sold as is. Seller makes no representations. Buyer to do all diligence on what can be built on lot. Image is artistic rendering, not an approved plan.
Location
State MA
County Suffolk
Area Dorchester
Zoning MFR
Direction Stanwood street
Exterior
Waterfront Description Harbor,Ocean,1 to 2 Mile To Beach
Total Parking Spaces 6
Garage No
Building
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Riverfront REALTORS®
NEARBY SCHOOL & BUSINESS
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