586-590 Boston Ave - Gravity590
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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 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 0.47 AC |
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 | Lot Size | 0.47 AC |
Price Per AC | £15,031,575 |
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.
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Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (87)
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
Parcel Number | MEDF-000008-000000-W000003 | Improvements Assessment | £283,774 |
Land Assessment | £354,345 | Total Assessment | £638,119 |
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 |
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586-590 Boston Ave - Gravity590
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