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+17819444140
Premier Realty Group, Inc.
56 Marlborough St, Chelsea, MA 02150
- $1,100,000
- 6
- BD
- 3
- BA
- 3,222
- SqFt
- List Price
- $1,100,000
- Status
- ACTIVE
- MLS#
- 73551649
- Bedrooms
- 6
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,222
- Lot Size (Acres)
- 0.13
- Style
- Split Entry
- Year Built
- 1930
Property Description
LOCATION ! LOCATION ! LOCATION !!! PRIME REDEVELOPMENT OPPORTUNITY IN CHELSEA. MA. 56 MARLBOROUGH ST. AND 41 LIBRARY ST. MA. UNLOCK MAXIMUM RETURN ON INVESTMENT WITH THIS HIGHLY VERSATILE, DUAL-PARCEL ASSET LOCATED IN ONE OF GREATER BOSTON MOST RAPIDLY GROWING TRANSIT-ADJACENT MARKETS.UNMATCHED VALUE-POTENTIAL. EXCEPTIONAL CANDIDATE FOR A HIGH-DENSITY MULTIFAMILY OR CONDO CONVERSION PROJECT. PLUS A RARE OFF-STREET PARKING THAT INCLUDES 17 DEDICATED PARKING SPACES- A MASSIVE PREMIUM IN CHELSEA THAT SIGNIFICANTLY DRIVES RESALE VALUES AND RENTAL YIELDS. DUAL -DEED FLEXIBILITY: COMPRISES 2 SEPARATE DEEDS: TOGETHER WITH MLS: 73551740, OFFERING STRATEGIC DEVELOPMENT, FINANCING AND STRUCTURING FLEXIBILITY, EXCELLENT OPPORTUNITY FOR DEVELOPERS LOOKING TO BUILD IN PHASES OR SECURE INDEPENDENT PROJECT FINANCING. TRANSIT AND AIRPORT PROXIMITY: PRIME LOCATION JUST MINUTES FROM LOGAN INTERNATIONAL AIRPORT, DOWNTOWN BOSTON, MAJOR HIGHWAY ROUTES AND PUBLIC TRANSIT HUBS. STRATEGIC LOCATION ADVANTAGE: POSITIONED IN AN IN-DEMAND CORRIDOR BENEFITING FROM ONGOING NEIGHBORHOOD INVESTMENT, STRONG LOCAL RENTAL DEMAND AND RAPID CONNECTIVITY TO BOSTON ECONOMIC CORE. PARKING ADVANTAGE: PARKING IN CHELSEA COMMANDS A SIGNIFICANT DOLLAR PREMIUM PER SPACE FOR BOTH CONDOS AND RENTALS..
Additional Information
- Taxes
- $5,510
- Parking Description
- Paved Drive, Off Street, Paved
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Liliana Delgado from Listing Office: Cameron Real Estate Group.
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