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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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258-270 K St , Boston, MA 02127
$5,250,000
Est. Payment: $11,666.67/mo
0 Bed
0 Bath
0 Sqft
Status: Under Agreement | Days on site: 202
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AN4646 - A8000579
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House Description

258-270 K street is an exceptionally rare corner lot development opportunity with multiple curb cuts in the heart of South Boston. 258-266 K street is formally the site of the beloved Joseph's Bakery and consists of 3700 usable sf + basement on a 5368 sf lot. 268-270 K street, the adjacent building is a 3228 sf well maintained 2-family on a 6603 sf lot. Additionally, this parcel has 10 gated parking spaces, an extreme rarity in Southie! The sale of the 2 parcels would give the buyer a combined 11,971 sf lot. Located in the South Boston Neighborhood MFR zoning district, there is a wide array of allowed & conditional uses for redevelopment. With approval, highest & best use is expected to be a fully residential conversion or a mixed use retail/residential conversion. The multifamily residential subdistrict dimensional regulations including FAR, frontage, building height, etc. can be found in article 68 table D on the Boston planning and development agency website.

Highlights

Listed by Aldo Masciave , 781-883-0896 Leading Edge Real Estate , 781-979-0100.

Property Type

Commercial Sale

Lot/Acreage
0.27

Year Built

1969

County

Suffolk

Area

South Boston

Listing ID

73433881

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Other (See Remarks)
Principal Interest
$11,667
Taxes
$3,957

Home Price

$5,250,000

Loan Details

30 yrs
%

Down Payment

20%
$1,050,000
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Monthly Price:
$11,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,666.67 $3,956.75 $0.00 $15,623.42
Yearly $140,000.00 $47,481.00 $0.00 $187,481.00
Total $4,200,000.00 $1,424,430.00 $0.00 $5,624,430.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boston, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.