Condo Development

74 Burt St, Boston, MA

4 unit condo building with ZBA approval

Historical Overview

We purchased this property as a single family home and permitted the lot to develop 4 spacious units less than a half a mile from the Ashmont T station, and the property features 6 off street parking spots inside a garage to be built underneath the units. This makes the property perfect for commuters of all types whether they are taking the train to downtown or driving into the suburbs for work. There are 2 (3 bed 2 bath) and 2 (2 bed 2 bath) options giving end users a variety to choose from. The plans for this project are ZBA approved and were meticulously designed to maximize every square inch of the lot.

Financials: 

Property Type - Residential

Total Units - 4

Unit Mix - 2 (3 bed 2 bath) and 2 (2 bed 2 bath

Purchase Price - $340,000

Renovation Budget - $50,000

Stabilized Value - $700,000