1789 Commonwealth Ave - Apartments FOR SALE


Brighton, MA 02135
$2,950,000 USD
617-843-5685
1789 Commonwealth Ave, Brighton, MA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

1789 Commonwealth Ave
Brighton, MA 02135


HIGHLIGHTS

  • Dream location in AAA+ Cleveland Circle Location
  • Steps to MBTA Green Line at your door
  • Strong rental property for long-term hold
  • Incredible development potential - buyer to do due diligence.

OVERVIEW

Dream Covered Land Play in Boston's premier location! Spacious three family with outstanding rental history at over $190,000 gross rent - dream rental or condo location with the MBTA Green Line at your door and Boston College and Brookline/Boston's best dining and shopping just minutes away. Rare NEARLY 1/2 ACRE lot in an area where lots this size are impossible to find. Current owners went through a long process and got approved 39 Unit Redevelopment with ZBA and BPDA and are Currently subject to active abutter appeal. An ideal time to purchase a generational rental property on an incredible piece of land. Buyer to conduct own due diligence. No representations made.Some images are renderings. Copies of proposed plans can be provided. A dream location for long term ownership and/or development.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$461 USD /SF

# OF UNITS

1

PRICE/UNIT

$2,950,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commonwealth Development

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

R3

APN/PARCEL ID

BRIG-000000-000021-002577

ASK ABOUT THIS PROPERTY

Todd GlaskinTodd Glaskin Real Estate AdvisorMore Info
617-843-5685

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Todd GlaskinTodd Glaskin Real Estate AdvisorMore Info
617-843-5685

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.