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Est. Mortgage: $/month

Federal 30-year interest rate: 6.49% last updated on 2022-12-01

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587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118587 Albany Street Boston MA 02118
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  • $3,295,000List Price
  • 10,800Square Feet
Development Opportunity. Existing 3 story brick warehouse together with ZBA APPROVAL TO CONVERT TO A 6 STORY RESIDENTIAL BUILDING! The approved plans call for 6 residential units, the majority of which are direct elevator access 2+ bedroom/2 bath flats with 1420 sq/ft each. The property is located in the South End's hottest new neighborhood with literally millions of square feet of residential, office, laboratory and cultural spaces under construction. Build the approved project or take advantage of the properties highly desirable EDA-South zoning where buildings to 70' are allowed and potential uses include hotel, office, lab, and school. A truly rare opportunity, priced to sell. Clean Phase I environmental report. Delivered vacant.
Listed by The Residential Group and Scott Johnson of William Raveis R.E. & Home Services

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More Info

Basic Information

  • Lot Features Level
  • Mls StatusActive
  • Parcel Number W:08 P:01173 S:000,3391636

Building

  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationOther
  • Garage Spaces
  • Stories3
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation2.25
  • Date Listed08/29/2022
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2.25
  • View Count3

Tax Information

  • Tax Assessed Value $566,900
  • Tax Year 2022
  • Taxes$14,161

Location

  • Address587 Albany Street
  • Building Number587
  • CountySuffolk
  • NeighborhoodSouth End
  • StateMA
  • StreetAlbany Street
  • SubdivisionSouth End
  • TownBoston
  • Zip02118

Amenities

  • Amenities
    • Conservation Area
    • Highway Access
    • House of Worship
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University

Parking

  • Parking Spaces

Basic Information

  • List Price$3,295,000
  • MLS Number73030346
  • Modification Date11/14/2022
  • Property SubType5-9 Family

Property

  • Acreage0.04

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 10,800
  • Lot Size Square Feet 1,831
  • Lot Size Units Acres
  • Square Feet10,800

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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VIEW ALL TESTIMONIALS >

Beth Freeman is experienced and is at the very "top of her game." She is a good negotiator, thorough, and honest. who knew more about what we needed than we did ourselves. Because she served us well we highly recommend her.

Hi Beth-It was a pleasure working with you on this sale. You did a really excellent job--and smoothed the way with the sellers and with getting the work done on the apartment that was needed to complete the conditions of sale. [...]