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111 Terrace St - 39 Approved Permits Condos or Apartments 0.27 Acres of Residential Land Offered at $4,200,000 in Boston, MA 02120

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INVESTMENT HIGHLIGHTS

  • Close to the T
  • Close to colleges, hospitals, and medical schools
  • Very flat lot

EXECUTIVE SUMMARY

Denenberg Realty Advisors has been exclusively retained to market for sale 39 Permits to build condos or apartments with 21 Parking Spaces at 107-111 Terrace Street in Roxbury, MA in Mission Hill. The proposed building will be 31,361 SF consisting of 39 Units (34 units at market rate plus 5 affordable units). The lot is 11,856 SF. This is a unique opportunity for a developer, builder or investor to build apartments or condos.

PROPERTY FACTS

Price $4,200,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.27 AC
Zoning I - Industrial Office Buildings

1 LOT AVAILABLE

Lot

Price $4,200,000
Price Per AC $15,431,191.58
Lot Size 0.27 AC

11,856 SF Lot Approved for 39 Residential Units consisting of studios, 1 bedrooms & 2 bedroom units.

DESCRIPTION

Denenberg Realty Advisors has been exclusively retained to market for sale 39 Permits to build condos or apartments with 21 Parking Spaces at 107-111 Terrace Street in Roxbury, MA in Mission Hill. The proposed building will be 31,361 SF consisting of 39 Units (34 units at market rate plus 5 affordable units). The lot is 11,856 SF. This is a unique opportunity for a developer, builder or investor to build apartments or condos. Mission Hill is a three quarter square mile, primarily a residential neighborhood of Boston that borders Roxbury, Jamaica Plain, Brookline and Fenway-Kenmore. It is home to several hospitals and universities, including Brigham and Women's Hospital and New England Baptist Hospital, Northeastern University, Wentworth, Mass College of Art and Harvard Medical School. Mission Hill is known for its brick row houses and triple decker homes of the late 19th century. The Mission Hill Roxbury Crossing T-Station is at the end of Terrace Street.

Walk Score®
Very Walkable (77)
Transit Score®
Excellent Transit (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
ROXB-000000-000010-000401
Land Assessment
$939,300
Improvements Assessment
$798,500
Total Assessment
$1,737,800
  • Listing ID: 24627340

  • Date on Market: 12/8/2021

  • Last Updated:

  • Address: 111 Terrace St, Boston, MA 02120

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