Multi-family to be built in 2026 by seller for advertised price including land and all hard costs of construction. All income and expense information is estimated for marketing purposes only. Purchaser to do their own due diligence.This approved parcel comes with fully designed and approved plans for a 9-unit development, featuring 8 sleek studio apartments above a prime commercial space. With a permit delivered at closing, the project will be shovel-ready and set for construction to begin in 2026. Don’t miss this rare opportunity to bring a high-demand development to market! Proposal in hand from local contractor who is prepared to build the project should buyers be interested.
This home has been viewed 11 times
Last Checked: March 5th, 2026 at 5:15pm (Source: MLS PIN #73450008)
Gross Income: $52,368
Gross Expenses: $5,056
Net Income Calc: $47,312
Water Views
Annual Expenses for 579 American Legion Highway, Boston MA 02131
Total Gross Expenses (Calculated)$5,056/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5056.92
Annual Income & Unit Breakdown for 579 American Legion Highway, Boston MA 02131
Total Gross Income (Calculated)$52,368
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 579 American Legion Highway, Boston MA 02131
Listing ID73450008
Property TypeMulti Family / 5+ Family
Price3100000 ($423.96/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaJamaica Plain's Forest Hills
Neighborhood(s)
Approximate Living Area Total7312
Approximate Lot Size (Acres)0.09
Total Parking2
Garage Parking0
Year Built2026
Year Built SourceBuilder
Year Built DetailsApproximate,To Be Built
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningCC-1
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 579 American Legion Highway, Boston MA 02131
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
Exclusions.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 579 American Legion Highway, Boston MA 02131
Real Estate Taxes5056.92
Tax Year2024
Assessed Value$497,300
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 579 American Legion Highway, Boston MA 02131
Neighborhood(s)
MLS AreaJamaica Plain's Forest Hills
Area AmenitiesWalk/jog Trails
Contact Information for 579 American Legion Highway, Boston MA 02131