4 months on rocket

81-85 L St, Boston, MA, 02127

$3,100,000

0.11 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #73190176
Lot Size0.11 Acres
StatusActive

About 81-85 L St

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
  • Richard J Murphy, Public District Grades PK-8
  • James P Timilty Middle School, Public District Grades 6-8
  • Sarah Greenwood, Public District Grades PK-8
  • Joseph P Tynan, Public District Grades PK-5
  • Michael J Perkins, Public District Grades KG-5
  • Paul A Dever, 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
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Boston, MA.

Med. Sold Price

$807K

Med. Price/SqFt

$652

Avg. Days On Market

41

# of Sold Homes

351

81-85 L St vs Boston

146 DAYS ON ROCKET

+105 Days

$3,100,000

+$2.2M More

KEY TAKEAWAY

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

IDX 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: 5/28/2024, 10:20:32 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.

Payment Calculator

$15.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,360

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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

school-card-donut-4005473
2
/10
  • Joseph P Tynan

  • 650 E 4th St

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-4005474
2
/10
  • Michael J Perkins

  • 50 Burke St

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-4005475
3
/10
  • Paul A Dever

  • 325 Mount Vernon St

  • 0.96 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4005476
5
/10
  • Richard J Murphy

  • 1 Worrell St

  • 2.62 miles

  • Public District Grades PK-8

school-card-donut-4005477
1
/10
  • James P Timilty Middle School

  • 205 Roxbury St

  • 2.87 miles

  • Public District Grades 6-8

school-card-donut-4005478
1
/10
  • Sarah Greenwood

  • 189 Glenway St

  • 3.27 miles

  • Public District Grades PK-8

High School

school-card-donut-4005479
1
/10
  • Excel High School

  • 95 G St

  • 0.55 miles

  • Public District Grades 9-12

school-card-donut-4005480
3
/10
  • Quincy Upper School

  • 152 Arlington St

  • 2.16 miles

  • Public District Grades 6-12

school-card-donut-4005481
2
/10
  • Community Academy of Science and Health

  • 11 Charles St

  • 2.42 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,250. Residents of Boston, MA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

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:
Joseph P Tynan: GreatSchools Rating 2/10
Michael J Perkins: GreatSchools Rating 2/10
Paul A Dever: GreatSchools Rating 3/10
Richard J Murphy: GreatSchools Rating 5/10
James P Timilty Middle School: GreatSchools Rating 1/10
Sarah Greenwood: GreatSchools Rating 1/10
Excel High School: GreatSchools Rating 1/10
Quincy Upper School: GreatSchools Rating 3/10
Community Academy of Science and Health: GreatSchools Rating 2/10

How much acreage is this property?

The property 81-85 L St is 0.11 acres.
Rocket Homes logo

Interested in 81-85 L St? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesMassachusettsSuffolk CountyBoston0212781-85 L St

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.

While more than 128 listings in Boston, MA in April 2024 were sold above asking price, there were more than 64 listings sold at asking price, and more than 159 were sold below. Between March 2024 and April 2024, Boston, MA real estate market has seen increase in the number of listings by 25.3%. In April 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $807,012.

From Rocket Homes Real Estate and based on county public records data.

More Resources