Description
DEVELOPMENT OPPORTUNITY. Building permit in hand to convert this existing 5 family into a 7 family! Delivered vacant! The seller has done the hard work getting the project approved and permitted so that you can simply close and start renovations. The plans call for the substantially above grade basement to be converted into a unit and the upper 3 floors to be gut rehabbed into 6 units, two per floor. The plans also call for the existing sun-porches to be rebuilt and repurposed as living area. The majority of units are 2 bed/2 bath. The lot is 5,000 sq/ft and has a driveway leading to a paved rear yard, great for construction and materials staging, and also excellent for resale as there is room for 5 car parking! Make this your next condominium project or investment property. It's hard to go wrong with East Boston real estate.
