For Sale
$3,899,000

1954 Commonwealth AveBoston, MA 02135

13-Unit Approved Project, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional redevelopment opportunity presents a vacant 13,364 sq ft lot at 1954 Commonwealth Ave, Boston, MA 02135, in Suffolk County. Zoned for multifamily use, the property boasts pre-approved plans for a 13-unit apartment building, ideal for student housing or luxury rentals. The existing two-family home on the site is included in the sale, allowing for a phased development approach. Situated in a highly desirable Boston neighborhood, this location offers unparalleled convenience with the MBTA Green Line at its doorstep and the picturesque Chestnut Hill Reservoir at the rear, promising stunning views from future units. The property's proximity to Brookline and Newton further enhances its appeal. The asking price is $3,899,000. The approved plans allow for the construction of 13 residential units with below-ground garage parking. Buyers are responsible for conducting their own due diligence to review the existing approvals. This is a rare chance to create a high-end residential development in a prime Boston location. The property is currently vacant.

Highlights

  • 13,364 sq ft vacant lot zoned multifamily in Boston's desirable Chestnut Hill neighborhood.
  • Pre-approved plans for a 13-unit apartment building with below-ground parking.
  • Existing two-family home included, allowing phased development.
  • Prime location: MBTA Green Line access and Chestnut Hill Reservoir views.
  • Asking price: $3,899,000.

Property Details for 1954 Commonwealth Ave

Property type
Land, Dormitories

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.3385274
Longitude
-71.1560333
1954 Commonwealth Ave, Boston, Massachusetts

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1954 Commonwealth Ave
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