1954 Commonwealth Ave Boston, MA 02135
Property summary
This exceptional redevelopment opportunity presents a vacant 13,364 sq ft lot at 1954 Commonwealth Ave, Boston, MA 02135, in Suffolk County. Zoned for multifamily use, the property boasts pre-approved plans for a 13-unit apartment building, ideal for student housing or luxury rentals. The existing two-family home on the site is included in the sale, allowing for a phased development approach. Situated in a highly desirable Boston neighborhood, this location offers unparalleled convenience with the MBTA Green Line at its doorstep and the picturesque Chestnut Hill Reservoir at the rear, promising stunning views from future units. The property's proximity to Brookline and Newton further enhances its appeal. The asking price is $3,899,000. The approved plans allow for the construction of 13 residential units with below-ground garage parking. Buyers are responsible for conducting their own due diligence to review the existing approvals. This is a rare chance to create a high-end residential development in a prime Boston location. The property is currently vacant.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.