Jamaica Plain Development Opportunity awaits at 1945 Columbus Ave! This is an incredible chance to purchase a lot with existing building plans for an as-of-right construction project. Plans are for a mixed use property with 19,905 sqft of gross area consisting of 1 commercial space, plus 10 residential units with additional community space. The building plans allow for 10 inviting 3 bedroom, 2 bathroom apartments each between 1283-1439 sqft in size, with open floorplans and great exposures on all sides of the building, plus parking for 17 cars. Located in Jamaica Plain's burgeoning Egleston Square, this property boasts more than just a fantastic building opportunity! Transportation is simple with two bus routes under 0.1 mile and 3 MBTA lines (Green Street, Stonybrook, Jackson Square) all 1/2mi. or less away! Hold and rent for about a 7.9 cap rate or sell as condos. Don't miss your chance to generate a solid ROI and make a lasting mark in this bustling community!
Listing courtesy of Listing Agent: Leon Merian Group from Listing Office: Compass.
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