Presenting 81-85A L Street, an existing urban infill retail property, offering tremendous value-add and long-term development potential, located in the heart of South Boston’s Eastside. The property is currently improved with a single-story building, totaling approximately 7,836 SF (including basement) and sits on a 4,592 square foot lot, bound by L, Emerson, and East 4th Street(s). Situated in South Boston’s most dynamic and desirable neighborhood, the property is surrounded by a dynamic mix of retail, dining, entertainment, and fitness options, that line the East Broadway corridor. Additionally, 81-85A L Street is proximate to several transformative upcoming developments and offers investors an attractive “covered-land-play” with in place cash flow. Investors are offered an immediate value add for users or the opportunity to re-lease approximately 60% of the building (currently Executive Cleaners), which will be delivered vacant, as well as potential for long-term development.
Property Details
Property Features
Listing Office:
Office Name: Cushman & Wakefield
Listing Agent: Christopher Sower
Lot Features
Lot Information:
Lot: Other
Lot Size: 0.11 Acres
School Info
Assigned Schools Information:
Excel High School, Public District Grades 9-12
Quincy Upper School, Public District Grades 6-12
Community Academy of Science and Health, Public District Grades 9-12
Oliver Hazard Perry, Public District Grades PK-8
John W Mccormack, Public District Grades 6-8
Richard J Murphy, Public District Grades PK-8
Michael J Perkins, Public District Grades KG-5
Paul A Dever, Public District Grades PK-5
James Condon Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Located on L Street between E 4th and Emerson Street in South Boston.
Price Information
Listing Price Info
Price Summary:
List Price: $3,100,000
Agent Commission:
Buyer's Agent Commission: 2.0
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Housing Market Comparison
See how this home compares to others in Boston, MA.
This property is $2.2M more than the Median Sold Price in Boston, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73190176
Listing Office:
Office Name: Cushman & Wakefield
Listing Agent: Christopher Sower
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 4/28/2024, 8:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Michael J Perkins
50 Burke St
Distance between this listing and this school0.84 miles
Public District Grades KG-5
3
/10
Paul A Dever
325 Mount Vernon St
Distance between this listing and this school0.96 miles
Public District Grades PK-5
4
/10
James Condon Elementary School
200 D St
Distance between this listing and this school1.07 miles
Public District Grades PK-5
Middle School
4
/10
Oliver Hazard Perry
745 E 7th St
Distance between this listing and this school0.30 miles
Public District Grades PK-8
2
/10
John W Mccormack
315 Mount Vernon St
Distance between this listing and this school0.95 miles
Public District Grades 6-8
5
/10
Richard J Murphy
1 Worrell St
Distance between this listing and this school2.62 miles
Public District Grades PK-8
High School
1
/10
Excel High School
95 G St
Distance between this listing and this school0.55 miles
Public District Grades 9-12
2
/10
Quincy Upper School
152 Arlington St
Distance between this listing and this school2.16 miles
Public District Grades 6-12
1
/10
Community Academy of Science and Health
11 Charles St
Distance between this listing and this school2.42 miles
Public District Grades 9-12
Assigned Schools
4
/10
Michael J Perkins
50 Burke St
Distance between this listing and this school0.84 miles
Public District Grades KG-5
3
/10
Paul A Dever
325 Mount Vernon St
Distance between this listing and this school0.96 miles
Public District Grades PK-5
4
/10
James Condon Elementary School
200 D St
Distance between this listing and this school1.07 miles
Public District Grades PK-5
Assigned Schools
4
/10
Oliver Hazard Perry
745 E 7th St
Distance between this listing and this school0.30 miles
Public District Grades PK-8
2
/10
John W Mccormack
315 Mount Vernon St
Distance between this listing and this school0.95 miles
Public District Grades 6-8
5
/10
Richard J Murphy
1 Worrell St
Distance between this listing and this school2.62 miles
Public District Grades PK-8
Assigned Schools
1
/10
Excel High School
95 G St
Distance between this listing and this school0.55 miles
Public District Grades 9-12
2
/10
Quincy Upper School
152 Arlington St
Distance between this listing and this school2.16 miles
Public District Grades 6-12
1
/10
Community Academy of Science and Health
11 Charles St
Distance between this listing and this school2.42 miles
The neighbors living near this home have an average income of $81,250. The majority of Boston, MA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 81-85 L St
What is the listing price of this property?
The listing price of 81-85 L St property is $3,100,000.
What type of property is this?
The property 81-85 L St is land located in Boston, Massachusetts, 02127.
Is this property for sale now?
Active Listing: 81-85 L St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 81-85 L St are: Michael J Perkins: GreatSchools Rating 4/10Paul A Dever: GreatSchools Rating 3/10James Condon Elementary School: GreatSchools Rating 4/10Oliver Hazard Perry: GreatSchools Rating 4/10John W Mccormack: GreatSchools Rating 2/10Richard J Murphy: GreatSchools Rating 5/10Excel High School: GreatSchools Rating 1/10Quincy Upper School: GreatSchools Rating 2/10Community Academy of Science and Health: GreatSchools Rating 1/10
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This home is located at 81-85 L St in Boston, MA and zip code 02127 in the South Boston neighborhood. This home sits on a 0.11 acre lot. It has been listed on Rocket Homes since January 03, 2024 and is currently priced at $3,100,000.
Over 94 listings were sold over their listed price in March 2024 in Boston, MA. In the same period over 136 listings were sold below the listed price and 64 listings were sold for the listed price. Between February 2024 and March 2024, Boston, MA real estate market has seen increase in the number of listings by 18.1%. Listings spent 41 days on the market in March 2024, and had a median list price of $803,954 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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