254-256 Washington St, Boston, MA
7 bd · 3 ba · 4,177 sqft Multi-Family listed at $1,910,000, built in 1910 in the St. Elizabeth's neighborhood.
About this home
Attention builders, developers, investors, and contractors! Prime corner lot mixed-use three-family located directly across from St. Elizabeth's Medical Center, offering exceptional value-add and redevelopment potential. This mixed-use asset includes a spacious 4-bedroom unit, a 3-bedroom unit, and a commercial space featuring a full commercial kitchen - creating multiple pathways for repositioning or redevelopment. With strong projected market rents for the 4-bedroom, 3-bedroom, and additional income potential from the commercial space (buyer to perform due diligence). Ideal for investors seeking a high-demand medical and transit-adjacent location. Prior ownership obtained approvals for a 7+ unit project (plans available), though permits were not secured - offering a compelling head start for experienced developers. Ideally located minutes from the Sutherland Road Green Line stop, near Boston College, parks, shops, and dining. Property being sold as-is.
Property details
- Price
- $1,910,000
- Bedrooms
- 7
- Bathrooms
- 3
- Interior
- 4,177 sqft
- Price / sqft
- $457
- Year built
- 1910
- Lot size
- 6,132 sqft
- Type
- Multi-Family
- Days on market
- 59
- Est. property tax
- $22,920/yr · $1,910/mo · 1.2% MA avg
Estimated monthly payment
Can I afford this?
See what fits your income
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.
Home Intelligence
Neighborhood (zip 02135)
This neighborhood skews young (median age 30.2) and is highly educated (40% hold a bachelor's degree) and is primarily renter-occupied (22% owner-occupied). Median household income is $87,603.
- Median income
- $87,603
- Median age
- 30.2
- Owner-occupied
- 22.1%
- Bachelor's degree
- 40.4%
- Census median home value
- $674,500
Source: US Census Bureau American Community Survey 5-year estimates.
Similar homes in Boston
$849,000
48 Dwight St Apt 5
2 bd · 1 ba · 785 sqft
$949,000
219 Saratoga St Unit 3
3 bd · 2 ba · 1,130 sqft
$1,850,000
425 Beacon St Apt 1
3 bd · 2 ba · 1,248 sqft
$499,999
99 Sumner St Unit 413
1 bd · 1 ba · 433 sqft
$945,000
407 Marlborough St Apt 3B
2 bd · 1 ba · 970 sqft
$849,000
101 Prince St Apt 2
2 bd · 2 ba · 877 sqft
$9,995,000
1 Dalton St Unit 3801
3 bd · 4 ba · 3,219 sqft
$8,990,000
86 Mount Vernon St
5 bd · 5 ba · 4,492 sqft
Browse 8+ nearby homes on the map
See 8 more Boston homes on the map
Open map →