141-143 Addison Pending

Boston,MA 02128

$ 4600000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 72791694

HOA Y/N false

Annual Tax Amount $999

Tax Year 999

Lot Size 0.480 Acres

Acres 0.48

Property 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.

Location

State MA

County Suffolk

Area East Boston

Zoning 999

Direction 141-143 Addison St is located near the corner of Addison St and Saratoga St in East Boston, MA.

Exterior

Waterfront false

Waterfront Description Beach Front,Harbor,3/10 to 1/2 Mile To Beach

Building

Lot Description Other

Sewer Other

Water Other

Others

Senior Community false

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