MA
Suffolk
Boston
02136
1081 River St
1081 River St, Boston, MA 02136
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Listing Type
Lots/Land
Listing Status
Active
8
$1,500,000

Home Details for 1081 River St

Price
$1,500,000
Type
Land
Lot size acres
0.33
County
Suffolk
Days on site
1
MLS Listing#
73508690
Property Description

1081 River St offers a BPDA and ZBA approved project for the construction of a four (4) story residential building featuring 28 rental units with 15 onsite parkingspaces. The development spans approximately 27,584 square feet of gross floor area and includes 9 studios, 3 one-bedroom units, 13 two-bedroom units, and 3three-bedroom units. Estimated gross rental income is over $1M/year. 1081 River Street is in a prominent urban infill location with excellent MBTA access, includingbus lines and good proximity to commuter rail stations. Build a generational rental asset to hold long term, stabilize, and sell as a MF asset or potentially pivot to acondo scenario. Endless opportunities await this unique development opportunity.

Property Features
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: Cameron Real Estate Group - Framingham - 617-999-6014
Presented by: Enis Shehu
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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