Zoned Rental Parking Land
For Sale
$275,000
83 Tower Street, Boston, MA 02130
Land lot currently used as rental parking generating $8,250 per year, with 3-F zoning and modest frontage.
Property SizeContact for details
Lot Size0.04 Acres
Days on Market104
Property Features for 83 Tower Street
General Information
Standard status
Active
Lot size
0.04 Acres
Property subtype
Land
Zoning
3-F 5,000
Lease Term
[]
Additional Details
Business Included
Yes
Listing Agency:
Arborview Realty Inc.
Listed By:
Christian Iantosca Team
(617) 262-6200
Source:
Cabotandcompany
Added: May 2
Changed: Aug 8
Last Checked: May 14 at 7:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arborview Realty Inc.
Investment Insights
Based on property information with market context.
83 Tower Street is a land lot being offered as a single parcel. The current owners collect $8,250 per year in rental income from parking spaces located on the lot. The property is described as zoned 3-F (with 5,000 + parks design review noted), and the lot measures approximately 20 feet of frontage with an 88-foot depth.
The sellers note that this parcel was originally joined with neighboring 81 Tower St as a larger lot, but has been sliced in half and sold separately; this offering is for the half at 83 Tower only. The current parking use provides rental income while the buyer considers steps toward future development or variance. Buyers and agents are advised to perform all due diligence, and the seller and broker make no representations regarding future potential.
View from the sidewalk is available, and no appointment is needed.
The sellers note that this parcel was originally joined with neighboring 81 Tower St as a larger lot, but has been sliced in half and sold separately; this offering is for the half at 83 Tower only. The current parking use provides rental income while the buyer considers steps toward future development or variance. Buyers and agents are advised to perform all due diligence, and the seller and broker make no representations regarding future potential.
View from the sidewalk is available, and no appointment is needed.
Key Highlights
- Land lot at 83 Tower St. currently used as rental parking, generating $8,250/year in income
- Zoned 3‑F 5,000 (+ parks design review)
- Lot measures approximately 20' frontage x 88' depth
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Explore this area
Business Placement
Demographics for 02130, MA
38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land lot currently used as rental parking generating $8,250 per year, with 3-F zoning and modest frontage.
Where is this residential land & home lot located?
The property is located at 83 Tower Street Boston, MA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Land lot at 83 Tower St. currently used as rental parking, generating $8,250/year in income; Zoned 3‑F 5,000 (+ parks design review); Lot measures approximately 20' frontage x 88' depth
