Listing # 72726415

Description

This is a rare opportunity! Approved Variance and Plans to develop a Boutique building in the heart of Washington Square, Brookline. Approved for 5 Units + a Commercial Storefront. Total approved FAR of 8,628 sq. ft. . The Units range from a Studio to a 4 Bedroom. Plans approved for direct access elevator to each Unit, 2 car garage and 5 outdoor parking spots, penthouse with huge deck overlooking Beacon Street, other Units with back decks. Currently the building is fully rented through 5/21. Begin developing this Gem on 6/1/21. With the current new construction condo market in Brookline selling at $1200/sq. ft., the potential is for a $7 Mill+ gross sell-off not including the commercial space. This building is perfect for a developer, an investor who wants to add a premier property to their portfolio, or an end user who can also generate income.

Property Details
For Sale

$3,750,000

  • County: Norfolk
  • Sq. Ft: 5080
Amenities
  • Public Transportation
  • Shopping
  • Tennis Court
  • Park
  • Walk/Jog Trails
  • Medical Facility
  • Laundromat
  • Bike Path
  • Highway Access
  • House of Worship
  • Private School
  • Public School
  • T-Station
  • University
Additional Information
  • Apod Available: No
  • Construction: Brick
  • Foundation: Poured Concrete
  • Lead Paint: Unknown
  • Lot Description: Level
  • Mf Type: 5+ Family - 5+ Units Up/Down
  • Roof Material: Rubber
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Year Round: Yes

Location

Seller's Representative:
Stella Shlayen
Trio Realty Group

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MLS PIN data last updated at October 19th, 2020 10:31:43 AM EDT