896 Beacon Street, Boston, MA michael@mjgrapporealty.com

587 Albany Street Boston MA 02118 | 73030346

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

Price:
$3,295,000
MLS #:
73030346
Status:
Active
Beds:
0
Baths:
0.00
Address:
587 Albany Street
Type:
Multi Family
City:
Boston
Listed Date:
Aug 29, 2022
State:
MA
Square Ft (approx):
10,800
ZIP:
02118
Lot Size:
1,831 sqft / 0.04 acres (approx)
Year Built:
1900

Schools

Interior

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Brick

Financial

Buyer Agent Compensation
2%
Tax Year
2022
Taxes
$14,161

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