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$4,600,000
Est. payment /mo
0.48 Acres Lot
UPDATED:
11/13/2024 02:59 PM
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 72791694
HOA Y/N false
Annual Tax Amount $999
Tax Year 999
Lot Size 0.480 Acres
Acres 0.48
Property Description
141-143 Addison Street is a unique investment and development site located minutes downtown Boston. The 21,100 SF site is currently improved with 2 single story flex/industrial buildings totaling 15,400 SF. The property is an ideal housing redevelopment opportunity (rentals or condominiums). In addition to its development potential, the property is a rare occupancy opportunity for an industrial user/tenant and it presents considerable upside for an investor with its short term, below market in-place leases. A short walk to the MBTA’s Blue Line, proximate to numerous MBTA bus stops and immediately accessible to Route 1 and I-90 and I-93, the property is convenient to key destinations throughout the Boston metro area. The property is comprised of 2 separate tax parcels. The property is available as a package (both tax parcels) or individually.
Location
State MA
County Suffolk
Area East Boston
Zoning 999
Direction 141-143 Addison St is located near the corner of Addison St and Saratoga St in East Boston, MA.
Exterior
Waterfront Description Beach Front,Harbor,3/10 to 1/2 Mile To Beach
Building
Lot Description Other
Sewer Other
Water Other
Others
Senior Community false
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Listed by Cushman & Wakefield
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Norfolk County, MA
Broker Associate | License ID: 9090789
Broker Associate License ID: 9090789