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    OFF-MARKET
    Commercial real estate

    Kelton St, Boston, MA 02134

    2.3 ac lot Built 1910
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.3-acre development opportunity in Boston's desirable Allston/Brighton neighborhood presents a unique chance to create a remarkable project. The property encompasses two existing single-family homes, currently generating rental income, situated at 152 and 156 Kelton Street. Surrounded by taller buildings (4+ stories), this site offers significant potential for redevelopment, subject to applicable zoning regulations. Its prime location provides unparalleled convenience, with easy access to the Green Line on Commonwealth Avenue, I-90, area hospitals, universities, and a wealth of local amenities including shopping and dining options. The property's proximity to public transportation ensures excellent connectivity throughout the city. This is an exceptional investment opportunity for developers seeking a high-potential project in a thriving urban area. Prospective buyers are responsible for conducting their own due diligence regarding zoning laws and regulations. No representations, guarantees, or warranties are made by the seller(s) concerning zoning or other aspects of the property. Please respect the privacy of current tenants and refrain from trespassing on the property.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1910
    Lot 2.3 ac (100,188 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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