This Property is No Longer Available
167 Stanwood St, Boston, MA 02121
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$1,285,000
13 Unit
39 Beds
26 Baths
14150 SQFT
0.32 Acre

Property Description

Unique Development opportunity in one of Boston's Hottest submarkets. Zoned for Multifamily residential, this 1/3 Acre lot is perfectly positioned on a beautiful treelined street yet just around the Corner from the Train, shop's restaurants. 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. Or if seeking to build without need for approval process (no variances), Initial feasibility shows 14,150 & 13 units to be allowed by right on the parcel. Seller has plans and survey in hand for 13 3 bed 2 bath's. The efficient construction plans were designed to minimize cost & maximize return. Each home would private balcony and outdoor parking. Sold As is. Buyer to confirm all zoning info, Seller makes no representation on what can be built

Property Details tap to expand

Building Information

  • Total Units: 13
  • Total Floors: 3
  • Total Bedrooms: 39
  • Total Full Baths: 26

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 2025
  • Type: 5-9 Family
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73286780
  • Last Updated: 09/12/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/12/2024Canceled$1,285,000$91MLSPIN
09/10/2024Active$1,285,000$91MLSPIN
09/06/2024New$1,285,000$91MLSPIN
06/04/2020Canceled$800,000MLSPIN
11/26/2017Under Agreement$800,000MLSPIN
07/20/2017Active$800,000MLSPIN

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Seller's Representative: Gregory McCarthy, Riverfront REALTORS®
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-09-12 15:02:00

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