587 Albany Street Boston MA 02118 | 73030349

587 Albany Street
Boston, MA, 02118
$3,500,000
Beds
0 Baths
5,382 SqFt
0.04 Acres
Development Opportunity. Existing 3 story brick warehouse together with ZBA APPROVAL TO CONVERT TO A 6 STORY RESIDENTIAL BUILDING OR TAKE ADVANTAGE OF HIGHLY DESIRABLE EDA-SOUTH ZONING WHERE BUILDINGS TO 70′ ARE ALLOWED AND POTENTIAL USES INCLUDE HOTEL, OFFICE, LAB AND SCHOOL! 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 in a building with +/- 10,800 square feet of total area. 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. A truly rare opportunity, priced to sell. Clean Phase I environmental report. Delivered vacant.

Property Details

Price:
$3,500,000
MLS #:
73030349
Status:
Active
Baths:
0.00
Address:
587 Albany Street
Type:
Commercial
City:
Boston
Listed Date:
Aug 29, 2022
State:
MA
Square Ft (approx):
5,382
ZIP:
02118
Lot Size:
1,742 sqft / 0.04 acres (approx)
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Schools

Interior

E L E V A T O R
No
Total Bldg Sq Ft
5,382

Exterior

C O N S T R U C T I O N
Brick

Financial

Assessed Bldg Value
$385,600
T A X E S
$14,161
Buyer Agent Compensation
2%

Map

Community

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587 Albany Street
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