$1,185,000 ($83.16 per sqft)

Est. Mortgage $5,760/mo *

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171 Stanwood St, Boston, (Dorchester), MA, 02121

171 Stanwood St, Boston, (Dorchester), MA, 02121

78 rooms

39 beds

26 Full baths

2025

14,250 sqft

Unique Development opportunity in one of Boston's Hottest submarkets. Located in the Coveted MFR multi family zoning district, this 1/3 Acre vacant lot is perfectly positioned on a beautiful treelined street yet just around the Corner from the Train, shop's restaurants. Initial feasibility shows 14,150 & 13 units to be allowed by right on the parcel (no variance or approvals required) Rent's & condo prices in the neighborhood have already reach staggering new highs in pricing, yet the neighborhood boasts the infrastructure and key geographic location for even more growth and development. With a massive housing shortage in the area, this could present itself as a large scale development. Seller has plans & survey in hand for (13) 3 bedroom 2 bathrooms. The efficient construction plans were designed to minimize cost & maximize return. Proforma shows potential +-590K gross rental income. Sold As is. Buyer to confirm all zoning info, Seller makes no representation on what can be built.


Status:

Active

Town:

Boston

Type:

Multi-family

Units:

13

Zoning:

CL

Levels:

3

Parking:

15-car, Paved Drive

Acreage:

0.32

Est. Taxes:

$14,553

Assessment

$575,900

MLS #:

73293823


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Lucas Santos, Riverfront REALTORS®