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586-590 Boston Ave - Gravity590

0.47 Acres of Residential Land Offered at £7,064,840 in Medford, MA 02155

Investment Highlights

  • Stones throw from Tufts College and Green Line Station.

Executive Summary

**Prime Development Opportunity in Medford, Massachusetts** Presenting Gravity 590, an exceptional approved development offering a rare opportunity for developers in the highly sought-after community of Medford. This 41,306 sq. ft. project is located on a 20,578 sq. ft. buildable lot, perfectly positioned near major hubs like Tufts University and the Green Line station, making it a commuter’s dream with easy access to Somerville, Cambridge, Boston, and beyond. The approved plans feature 45 residential units, a first floor retail space, ample parking, and bike storage, catering to the demand for modern city living. With its prime location and thoughtful design, Gravity 590 is poised to become a vibrant addition to Medford's growing landscape. Don’t miss this unique investment opportunity to shape the future of a thriving community.

Property Facts

Price £7,064,840
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.47 AC

1 Lot Available

Lot

Price £7,064,840
Price Per AC £15,031,575
Lot Size 0.47 AC

This project is situated on a 20,578 Sqft. buildable lot in the desirable community of Medford, Massachusetts! The location is ideal, with Tufts University and the Green Line station.

Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (87)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MEDF-000008-000000-W000003
Land Assessment
£354,345
Improvements Assessment
£283,774
Total Assessment
£638,119

zoning

Zoning Code I
I
  • Listing ID: 30209954

  • Date on Market: 30/11/2023

  • Last Updated:

  • Address: 586-590 Boston Ave, Medford, MA 02155

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