Prime Development Opportunity – Fully Entitled 46-Unit Site. Presenting a rare multifamily development opportunity in the highly desirable town of Stoneham, MA. This fully entitled site is approved for 46 residential units, offering a streamlined path to construction in one of Greater Boston’s most dynamic submarkets. Strategically located with convenient access to I-93 and I-95, the site is just minutes from downtown Stoneham, local amenities, and a short commute to Boston. The property sits in a strong rental and for-sale market supported by excellent school systems, vibrant community life, and proximity to regional employers. With all approvals in place, this development is ideally positioned for investors or developers seeking to capitalize on strong demand in the area. Whether you’re building for sale or long-term rental income, this is an opportunity to deliver a high-quality residential project in a high-barrier-to-entry market.
- Parking:
- Off Street
- Sewer:
- Other
- Water:
- Other
- Disclosure
- Garage Parking:
- 50
- Lead Paint:
- Unknown
- Market Time:
- 4
- Parking Spaces:
- 78
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $65
- Zoning:
- R
- No Units:
- 46
- Orig Price:
- $3,450,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Stoneham
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02180
- Longitude:
- W72° 53' 43.7''
- Latitude:
- N42° 28' 6.6''
Residential Income
5-9 Rockville Park, Stoneham, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $3,450,000
- Full Bathrooms :
- 0
- Square Footage :
- 53,000 Sqft
- Year Built :
- 2025
- Lot Area :
- 3.12 Acre
- Listing ID :
- 73456491
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com