12-unit boutique condo project in close proximity to Davis Square adjacent to Tufts University. The by-right project features four (4) Semi-Detached structures each containing three (3) units. Projects GFA total 15,691 SqFt and 8 off-street parking spaces. The Seller has obtained conditional lot split approval to be recorded upon demolition of the existing structure. Historical requirements have been satisfied. No affordable units are required per zoning. No discretionary permit or site plan approval is required. Buyer will proceed directly to ISD for demolition and building permits. Projected sell-out $13.28MM. Please inquire for full offering.
Sale Statistics
Sale Overview
Original List Price:$3,995,000
Final Sale Price:$4,200,000
Difference:
+$205,000 (+5.1%)
Performance Metrics
105.1%
List to Sale Ratio
Sold above asking price
-1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$269
Sale $/sq ft:$283
This property sold for $283 per square foot
Sale Summary
This property sold for 5.1% above the original asking price, indicating strong buyer demand.
With only -1 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
5+ Family - 5+ Units Side by Side
Property Category
Residential Income
Year Built
2025
Bedrooms
24
Full Bathrooms
22
Half Bathrooms
2
Living Area
14,854 sq ft
Total Rooms
78
Stories
4
Levels
4
Interior Features
Has Fireplace
No
Basement Details
Finished
Exterior & Structure
Construction Materials
Frame
Foundation
Concrete Perimeter
Exterior Features
Balcony
Patio/Porch Features
Porch, Deck
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.21 acres
Lot Size
9,315 sq ft
Lot Size Area
0.2100
Lot Features
Corner Lot, Level
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
8
Parking Features
Off Street
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$17,556
Tax Year
2024
Tax Assessed Value
$1,668,800
Parcel Number
748677
Zoning
NR
Additional Details
Year Built Source
Builder
Year Built Details
To Be Built
Disclosures
Seller has ownership interest in Fortune RE. Paver area can provide parking for a 9th car but does not meet the dimensional criteria of a parking space.
