$1 million PRICE reduction for immediate sale looking to close by the end of January! Dream investment/development opportunity in one of Boston's most desirable location for luxury condos and luxury rentals. Dream investment/development opportunity - Prime 13,000+ lot (one of the largest in the area!) with two-family home with multi-year approval progress underway to move the house forward and add building behind for a total of 16 gorgeous residential units with garage parking below. One of the best lots/locations in Greater Boston with the MBTA Green Line your front door and the beautiful Chestnut Hill Reservoir right in back - potential for exceptional views from back units. Buyer to do due diligence to review approvals. A once in a generation opportunity to build a luxury rental or condo development. Please reach out for a website with details and copies of the approvals.
This home has been viewed 95 times
Last Checked: January 22nd, 2025 at 5:19am (Source: MLS PIN #73286684)
General Information for 1954 Commonwealth Ave, Boston MA 02135
Listing ID73286684
Price$2,950,000
Land TypeResidential
Approx AcresApprox. 0.31 acres (13,364 SqFt)
Number of Lots16
Approximate Street Frontage
Road Frontage Type
ZoningR3
ElectricOn-site
GasOther (See Remarks)
WaterPublic
SewerPublic Sewer
Cultivation AcresNone
Pasture AcresNone
Timber AcresNone
PERC Test
PERC Test DateUnknown
AssociationNo
Association Required
Association Fee$0
Lot Features
WaterfrontNo
Waterfront FeaturesWaterfront
View
Disclosures for 1954 Commonwealth Ave, Boston MA 02135
DEQE/DEP#
Senior CommunityNo
Disclosures
Special Listing Conditions
For Sale By OwnerNo
Buyer Agent Compensation1.5%
Facilitator Compensation1.5%
Sub-Agent Compensation
Financial Information for 1954 Commonwealth Ave, Boston MA 02135
AssociationNo
Association Fee$0
Tax$20,381
Tax Year2024
Assessed Value$1,869,800
Contact Information for 1954 Commonwealth Ave, Boston MA 02135