About this home

Offers Due by Feb 28th.The List price is a place holder and all reasonable offers will be considered. Opportunity to buy a ZBA approved project in rapidly growing Boston submarket . The proposed project is a six story Multi unit building featuring 29 residential units and 1 retail. The design features a diverse mix of studios, one-bedroom, two-bedroom, and three-bedroom floor plans. The ground floor retail space is located along a heavily traffic Morton Street Corridor. , Seller will consider some seller financing for the right offer

Property details

Price: $1,999,999
Bedrooms: 0
Bathrooms: 0
Lot size: 8,000 sqft
Type: Land
Days on market: 72
Est. property tax: $24,000/yr · $2,000/mo · 1.2% MA avg

Estimated monthly payment

Down payment20% ($400,000)

Interest rate6.75%

Principal & Interest$10,378

Property Tax$1,833

Insurance$150

Total$12,361/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.