About this home

Off Market Roxbury 14 Unit Development, ZBA Approved- 2 Combined Lots for a total of 4514sqft - Currently a 4bed existing Single Family rented for $3500/month - Plans are for 14 Units (All 1bed, 1bath)- 4 Affordable Units are in Plans (Max Rents $1484, $1484, $2533, $1484)- All Market 1bed Units should bring in about $2300/avg a month- Finished 14 Unit Building should cash flow about $30,000/month- Asking $900k for ZBA Approved Plans (Permits are not in place)

Property details

Price: $949,000
Bedrooms: 0
Bathrooms: 0
Lot size: 4,514 sqft
Type: Land
Days on market: 89
Est. property tax: $11,388/yr · $949/mo · 1.2% MA avg

Estimated monthly payment

Down payment20% ($189,800)

Interest rate6.75%

Principal & Interest$4,924

Property Tax$870

Insurance$150

Total$5,944/mo

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Location

This home is located in Boston, MA. Browse more Boston listings on the Boston market page or explore the full Boston market report.

About Boston: Boston is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. Boston has an area of 48.4 sq mi (125 km2) and a population of 675,647 as of the 2020 census, making it the third-most populous city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area had a population of 4.9 million in 2023, making it the largest metropolitan area in New England and the eleventh-largest in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 52°F with 203 dry days per year and 46.9 inches of annual rainfall.

Location

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Home Intelligence

Neighborhood (zip 02119)

This neighborhood is primarily renter-occupied (24% owner-occupied). Median age is 34.7; 19% hold a bachelor's degree; median household income is $37,158.

Median income: $37,158
Median age: 34.7
Owner-occupied: 23.9%
Bachelor's degree: 19.2%
Census median home value: $603,900

Source: US Census Bureau American Community Survey 5-year estimates.