56 Marlborough St, Chelsea, MA 02150

$1,100,000
6
BD
3
BA
3,222
SqFt

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Listing courtesy of Listing Agent: Liliana Delgado from Listing Office: Cameron Real Estate Group.

List Price
$1,100,000
Status
ACTIVE
Days on Market
116
MLS#
73551649
Subtype
Residential
Style
Split Entry
Year Built
1930
Bedrooms
6
Bathrooms
3
Full Baths
3
Living Area
3,222
Lot Size
5,609
Acres
0.13

Property Description

LOCATION ! LOCATION ! LOCATION !!! PRIME REDEVELOPMENT OPPORTUNITY IN CHELSEA. MA. 56 MARLBOROUGH ST. AND 41 LIBRARY ST. MA. UNLOCK MAXIMUM RETURN ON INVESTMENT WITH THIS HIGHLY VERSATILE, DUAL-PARCEL ASSET LOCATED IN ONE OF GREATER BOSTON MOST RAPIDLY GROWING TRANSIT-ADJACENT MARKETS.UNMATCHED VALUE-POTENTIAL. EXCEPTIONAL CANDIDATE FOR A HIGH-DENSITY MULTIFAMILY OR CONDO CONVERSION PROJECT. PLUS A RARE OFF-STREET PARKING THAT INCLUDES 17 DEDICATED PARKING SPACES- A MASSIVE PREMIUM IN CHELSEA THAT SIGNIFICANTLY DRIVES RESALE VALUES AND RENTAL YIELDS. DUAL -DEED FLEXIBILITY: COMPRISES 2 SEPARATE DEEDS: TOGETHER WITH MLS: 73551740, OFFERING STRATEGIC DEVELOPMENT, FINANCING AND STRUCTURING FLEXIBILITY, EXCELLENT OPPORTUNITY FOR DEVELOPERS LOOKING TO BUILD IN PHASES OR SECURE INDEPENDENT PROJECT FINANCING. TRANSIT AND AIRPORT PROXIMITY: PRIME LOCATION JUST MINUTES FROM LOGAN INTERNATIONAL AIRPORT, DOWNTOWN BOSTON, MAJOR HIGHWAY ROUTES AND PUBLIC TRANSIT HUBS. STRATEGIC LOCATION ADVANTAGE: POSITIONED IN AN IN-DEMAND CORRIDOR BENEFITING FROM ONGOING NEIGHBORHOOD INVESTMENT, STRONG LOCAL RENTAL DEMAND AND RAPID CONNECTIVITY TO BOSTON ECONOMIC CORE. PARKING ADVANTAGE: PARKING IN CHELSEA COMMANDS A SIGNIFICANT DOLLAR PREMIUM PER SPACE FOR BOTH CONDOS AND RENTALS..

Additional Information

Exterior Features
Deck, Deck - Wood
Taxes
$5,510
Property Description
Split Entry
Zoning
R3
Flooring
Wood, Tile
Appliances
Range, Refrigerator
Heating
Baseboard, Natural Gas
Air Conditioning
Window Unit(s)
Exterior Features
Brick
Levels
Multi/Split
Foundation
Concrete Perimeter, Brick/Mortar
Parking Features
Paved Drive, Off Street, Paved

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