As East Boston begins to be the next neighborhood to see major development, this rare opportunity is being made available for the savvy investor. The existing two family house sits on a 2230 square foot lot. It is likely that someone will tear this house down and take advantage of the extraordinary 17,500 square foot lot of vacant land next door, creating a
large amount of space to build residences. The best part of this property is that not only is it in an area of East Boston that is seeing major development over the next few years, but it also abuts a bike path, which makes it a wonderful setting for new homes. There are an unlimited number of options for this project, but one of the most obvious choices would be to construct several town houses on the parcels, creating a community that would be in high demand as new buyers are exploring East Boston as the next place that they want to call home.

The location cannot be beat, with Maverick Square literally a block away.
Maverick Square is a vibrant retail area with shops, restaurants and a brand
new MBTA station. Grocery stores, a post office, banks, an entire shopping
plaza, and every other convenience you need is all just a walk away. Just
blocks from the new East Boston Waterfront where development will explode over the next few years, building in East Boston will be financially rewarding as this neighborhood takes off!

19,730 square feet of developable land
Taxes $4205.87 per year

Priced at: $890,000