1081 River St offers a BPDA and ZBA approved project for the construction of a four (4) story residential building featuring 28 rental units with 15 onsite parkingspaces. The development spans approximately 27,584 square feet of gross floor area and includes 9 studios, 3 one-bedroom units, 13 two-bedroom units, and 3three-bedroom units. Estimated gross rental income is over $1M/year. 1081 River Street is in a prominent urban infill location with excellent MBTA access, includingbus lines and good proximity to commuter rail stations. Build a generational rental asset to hold long term, stabilize, and sell as a MF asset or potentially pivot to acondo scenario. Endless opportunities await this unique development opportunity.
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- On-site
- Gas:
- On-site
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- R2
- Orig Price:
- $1,500,000
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02136
- Longitude:
- W72° 52' 53.6''
- Latitude:
- N42° 15' 30.4''
Land
1081 River St, Boston, Massachusetts
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $1,500,000
- Lot Area :
- 0.33 Acre
- Listing ID :
- 73508690
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
