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25-Unit Multi-Family Development 176 Norfolk Ave 25 Unit Apartment Building $2,500,000 ($100,000/Unit) Boston, MA 02119
EXECUTIVE SUMMARY
Denenberg Realty Advisors is pleased to offer a prime redevelopment site located at 176 Norfolk Avenue, Boston, MA 02119. The property consists of 11,265 SF of land across two parcels and includes a 4,925 SF commercial building featuring six offices, a full basement, and a loading dock. Zoned Three-Family 4,000 within the Roxbury Neighborhood Zoning District – Commercial Developable Land, this site offers exceptional potential for multi-family redevelopment or owner-user opportunities, subject to approvals. The property is listed for $2,500,000, with over 25 parking spaces, gas-fired HVAC, and proximity to Boston’s urban core, making it an attractive investment for developers and investors seeking growth in a transitional market.
PROPERTY FACTS
| Price | $2,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $100,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Sale Condition | Redevelopment Project | Construction Status | Proposed |
| No. Units | 25 | Building Size | 20,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | ||
| Zoning | R - Residential | ||
| Price | $2,500,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Construction Status | Proposed |
| Building Size | 20,000 SF |
| No. Stories | 3 |
| Zoning | R - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- 24 Hour Access
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Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $291,800 | |
| Land Assessment | $387,700 | Total Assessment | $679,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$387,700
Improvements Assessment
$291,800
Total Assessment
$679,500
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25-Unit Multi-Family Development | 176 Norfolk Ave
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