FOR SALE | Multifamily Redevelopment Opportunity | South Boston
Boston Realty Advisors is pleased to present an exceptional opportunity to acquire a redevelopment opportunity in South Boston, MA. Located at 621 E Second Street, the offering consists of an existing three unit dwelling on a 7,076 SF lot with access to both E Second and E Third Streets. The in-place zoning currently allows a 2.0 FAR.
South Boston and the Seaport District are truly experiencing transformative and explosive growth. The Seaport District which is just a short ways from 621 E Second has quickly become Boston’s most sought after neighborhood for Fortune 500 companies, start-ups and bio-tech companies. Similarly, South Boston is not just known for its lively retail and restaurant scene. The connectivity and access to the MBTA Red Line has spawned more bio-tech and office development along the Dorchester Avenue corridor, attracting some of the largest companies on the planet. This growth is unmatched compared to other areas of Boston and Greater Boston, equating to a great demand for luxury housing.
621 E Second Street depicts a phenomenal offering primed for redevelopment. We will be conducting tours of the property in the upcoming weeks with a “call-for-offers” to follow.