Listed by Berkshire Hathaway HomeServices Verani Realty Londonderry
Unpriced
Broadway & Spencer Ave Development
Details
Property Type Land, Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Lot Size (SqFt) 30,218
Zoning R-3
Land | 30,218 SqFt
Marketing description
Experience an exceptional investment opportunity with this prime multifamily property in the Boston area. Zoned R-3, the property at 717-721 Broadway & 10-24 Spencer Ave, Chelsea, MA offers an ideal setting for a prospective Land/Multifamily investor. Boasting a strategic location, this site is primed for residential development, presenting an attractive proposition for those looking to capitalize on the continuously growing demand for housing in the bustling Boston area. With its advantageous zoning and coveted position, this property invites investors to explore the potential for creating a valuable multifamily asset in this dynamic market.
Investment highlights
- Zoned R-3
- Prime location in Boston area
- Site access on two major roads
- Flat paved site requiring minimal demolition
- Ideal for residential development
- High-demand area
- Lucrative investment opportunity
Listing Contacts
Listed by Berkshire Hathaway HomeServices Verani Realty Londonderry
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
