Rare shovel-ready development opportunity at 9 Geneva Street, in premiere Jeffries Point location. Fully ZBA-approved land and commercial project allowing 28 residential units and 16 on-site parking spaces, offering immediate upside for investors and developers. Plans are in place, significantly reducing development risk and timeline to construction. Located in a high-demand urban neighborhood with strong resale fundamentals, this site benefits from excellent proximity to major transportation routes, employment hubs, neighborhood amenities, and ongoing area growth. The approved density and parking ratio support a highly efficient and marketable product. A prime opportunity to capitalize in a supply-constrained market-perfect for developers seeking a streamlined path from acquisition to build. Clean 21E and permit ready for new owner.
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks
9 Geneva St, Boston, (East Boston), MA, 02128
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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