590 Boston Ave Medford, MA
$8,999,900
Acres 0.47
Description
**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.
Listed by Leading Edge Real Estate, Melanie Lentini
Details
MLS 73298554
Status Active
Price $8,999,900
DOM 74 days
Type Lot/Land
Lot Size 0.47 acres
Lot & Building Features
Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,999
Water Public
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
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Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.