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| Brick mixed use multi-family property with adjacent lot in Mission Hill. Lot is approved and permitted for development of 10 units; 9 residential units & 1 commercial. Existing structure has 3 units with a successful longterm tenant in the commercial unit, with two 3 bedroom, 1 bath rentals upstairs. The adjacent lot is also available for sale separately (MLS#73134727). The commercial space consists of the first floor and basement. The two units above are leased, with room for improvement. Located in the Mission Hill Neighborhood Shopping Subdistrict with a max building height of 45 feet, there is potential to add another story for greater ROI, buyer to do own due diligence. Located about 275 feet from the Orange Line, & within 1 mile or less are Longwood Medical Area (the largest employer outside of downtown Boston), Fenway, Northeastern, MCPHS, Wentworth, Simmons, Museum of Fine Arts, Southwest Corridor, plus a plethora of restaurants, attractions and more! Offers due 7/28 @ 5pm. |
Fully entitled with plans and building permit in hand to build 10 units - 9 residential and 1 commercial and leave your mark on Mission Hill. The lot itself is available for purchase for $2,450,000 or together with the neighboring mixed-use multi-family property for a total of $5,050,000
Click the button below to find the floorplan for 1427-1429 Tremont St, plus full plans, environmental studies, survey and the approved building permit for 1423-1425 Tremont Street.
Boston
Mission Hill is centrally located near both the Orange and Green Lines, near Longwood Medical Area, Fenway and several universities—but relatively speaking is a small neighborhood, about ¾ of a square mile large, that some Bostonians don’t even know exists. Originally part of Roxbury, aka “Rocksberry” due to the plentiful outcroppings of Roxbury Puddingstone rocks found throughout the area, Mission Hill took its current day name around the mid-nineteenth century from the “Mission Church”, the nickname of the Basilica of our Lady of Perpetual Hope, and the fact that part of it lies atop a hill. Mission Hill is one of the only neighborhoods in Boston where two T lines - both the Orange and Green lines - run through it. In 2008 Mission Hill was named by The Boston Globe as one of 25 "Best ZIP Codes in Massachusetts" due to increased value in single-family homes, plentiful restaurants and shopping, a marked racial diversity and the fact that 65% of residents walk, bike, or take public transit to their work.
Eric and his team are committed to providing their clients, whether first-time homebuyers or large developers, with superior service and top-notch expertise. The team’s goal is to make their client’s home buying and/or selling experience seamless, enjoyable, and transparent by guiding clients through the entire process while ensuring that their ...
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