Exceptional two-parcel development assemblage on Blue Hill Avenue corridor in Dorchester — offered together as a unified, shovel-ready site. Both parcels zoned S3 (Active Main Street) under Boston's Squares + Streets framework — multifamily residential permitted as-of-right under Article 26. No ZBA hearing, no rezoning petition, no entitlement process required. Confirmed in writing by the City of Boston Planning Department. S3 allows up to 7 stories / 85 feet with floor plates up to 20,000 SF. Shawmut and Ashmont Red Line stations are within approximately 1.1 and 1.5 miles respectively, with Ashmont serving as a major transit hub connecting the Red Line and Mattapan Trolley. Multiple MBTA bus routes serve Blue Hill Avenue directly. Roberts Playground and Thetford Evans Playground are both within half a mile. Ideal buyer is an experienced developer ready to move quickly on a transit-accessible, police-adjacent, multifamily infill opportunity.
5 Rhoades St, Boston, (Dorchester), MA, 02124
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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