**Prime Development Opportunity in Medford, Massachusetts** Presenting Gravity 590, an exceptional approved development offering a rare opportunity for developers in the highly sought-after community of Medford. This 41,306 sq. ft. project is located on a 20,578 sq. ft. buildable lot, perfectly positioned near major hubs like Tufts University and the Green Line station, making it a commuter’s dream with easy access to Somerville, Cambridge, Boston, and beyond. The approved plans feature 45 residential units, a first floor retail space, ample parking, and bike storage, catering to the demand for modern city living. With its prime location and thoughtful design, Gravity 590 is poised to become a vibrant addition to Medford's growing landscape. Don’t miss this unique investment opportunity to shape the future of a thriving community.
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Last Updated: October 9th, 2024 at 2:58pm
Highway Access
House Of Worship
Shopping
Public Transportation
T-station
Private School
University
General Information for 590 Boston Ave, Medford, Massachusetts 02155
Property TypeLand
Property Sub TypeLand
Price$8,999,900
MLS #73298554
Handicap Access / FeaturesNo
List Date2024-10-03
Special Listing ConditionsNo
StateMassachusetts
Street NameBoston Ave
CityMedford
Zip Code02155
CountyMiddlesex
MLS StatusActive
AssociationNo
Heat Zones
Sold Date
Property Sub TypeLand
AdditionalParcelsYNNo
AvailabilityDate
Close Date
Close Price$0
Gas
Listing Service
UnparsedAddress590 Boston Ave, Medford MA 02155
ZoningI
Interior Features for 590 Boston Ave, Medford, Massachusetts 02155
ElectricOn-site
ElectricYes
Electric$0
Electric on PropertyNo
MLS Area (Major)
OffMarketDate
Exterior Features for 590 Boston Ave, Medford, Massachusetts 02155
* Approximate Lot Size0.47 acres
Lot FeaturesCorner Lot
* Parking Spaces
* Sewer UtilitiesPublic Sewer
* Water UtilitiesPublic
Approx. Street Frontage
Parking FeaturesNo
Utilities
Cultivated Area
FarmLandAreaUnits
Lot Size (Square Feet)20,578 Sqft
MLSPIN_PERC_TEST
MLSPIN_PERC_TEST_DATE
PastureArea
Wooded Area
Disclosures for 590 Boston Ave, Medford, Massachusetts 02155
Buyer Agent Compensation
Contingency
FinancingNo
Disclosures
Documents AvailableBrochure, Drawings
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 590 Boston Ave, Medford, Massachusetts 02155
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value$812,900
Real Estate Tax$9,999
Tax Year2024
OriginalListPrice$8,999,900
Lifestyle Information for 590 Boston Ave, Medford, Massachusetts 02155
Association AmenitiesNo
Frontage Type
GarageYNNo
WaterviewNo
Waterfront FeaturesNo
Location information for 590 Boston Ave, Medford, Massachusetts 02155
Elementary School
High School
NumberOfLots
Marketing History for 590 Boston Ave, Medford, Massachusetts 02155
MLSPIN_MARKET_TIME_BROKER4
MLSPIN_MARKET_TIME_PROPERTY4
PurchaseContractDate
Agent Information for 590 Boston Ave, Medford, Massachusetts 02155