Description
Jamaica Plain development opportunity awaits at 1945 Columbus Ave! This is an incredible chance to purchase a lot with existing building plans for an as-of-right construction project. Plans are for a mixed use property with 19,905 sqft of gross area consisting of 1 commercial space, plus 10 residential units with additional community space. The building plans allow for 10 inviting 3 bedroom, 2 bathroom apartments each between 1283-1439 sqft in size, with open floorplans and great exposures on all sides of the building, plus parking for 17 cars. Located in Jamaica Plain's burgeoning Egleston Square, this property boasts more than just a fantastic building opportunity! Transportation is simple with two bus routes under 0.1 mile and 3 MBTA lines (Green Street, Stonybrook, Jackson Square) all 1/2mi. or less away! Hold and rent for about a 7.9 cap rate or sell as condos. Don't miss your chance to generate a solid ROI and make a lasting mark in this bustling community!
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0BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Jamaica Plain development opportunity awaits at 1945 Columbus Ave! This is an incredible chance to purchase a lot with existing building plans for an as-of-right construction project. Plans are for a mixed use property with 19,905 sqft of gross area consisting of 1 commercial space, plus 10 residential units with additional community space. The building plans allow for 10 inviting 3 bedroom, 2 bathroom apartments each between 1283-1439 sqft in size, with open floorplans and great exposures on all sides of the building, plus parking for 17 cars. Located in Jamaica Plain's burgeoning Egleston Square, this property boasts more than just a fantastic building opportunity! Transportation is simple with two bus routes under 0.1 mile and 3 MBTA lines (Green Street, Stonybrook, Jackson Square) all 1/2mi. or less away! Hold and rent for about a 7.9 cap rate or sell as condos. Don't miss your chance to generate a solid ROI and make a lasting mark in this bustling community!
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-12-03T19:03:46.44.