141-143 Addison Boston, MA
$4,600,000
Acres 0.48
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.
Listed by Cushman & Wakefield, Christopher Sower
Details
MLS 72791694
Status Pending
Price $4,600,000
DOM 1149 days
Type Lot/Land
Lot Size 0.48 acres
Lot & Building Features
Sewer Other
Tax Year 999
Taxes Paid $999
Water Other
Waterfront 3/10 to 1/2 Mile To Beach, Harbor, Beach Front
Map
Land for Sale: 141-143 Addison, Boston, MA 02128
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.