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587 Albany Street, Boston, MA
Not Available - Off MarketPrice Reduced $505,000
0
$2,995,000
Total Beds: N/A Total Baths: N/A
Total Units: 0 SQFT: 10800
LOT size: 0.04 Acres
587 Albany Street
Boston, MA 02118
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This Property is No Longer Available

Property Description

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.

Property Details

Building Information

  • Total Floors: 3
  • Amenities: Conservation Area, Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University

Financial

  • APOD Available: No

Utilities

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

Unit 1 Description

  • Under Lease: No

Unit 2 Description

  • Under Lease: No

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73030346
  • Last Updated: 06/02/23

Mortgage Calculator

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Map

Seller's Representative: The Residential Group, William Raveis R.E. & Home Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.25
Facilitator Compensation: 2.25
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-06-02 03:05:00

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