$1,800,000
SOLD JUL 17, 2025
0.48 Acre
$3,750,000 Price per Acre
20,909 Sq Ft Lot

Recently Sold

61% Below List Price

170 Days on Market

About This Lot

As of July 2025

141-143 Addison Street is a unique investment and development site located minutes downtown Boston. The 21,100 SF site is currently improved with 2 single story flex/industrial buildings totaling 15,400 SF. The property is an ideal housing redevelopment opportunity (rentals or condominiums). In addition to its development potential, the property is a rare occupancy opportunity for an industrial user/tenant and it presents considerable upside for an investor with its short term, below market in-place leases. A short walk to the MBTA’s Blue Line, proximate to numerous MBTA bus stops and immediately accessible to Route 1 and I-90 and I-93, the property is convenient to key destinations throughout the Boston metro area. The property is comprised of 2 separate tax parcels. The property is available as a package (both tax parcels) or individually.

Last Agent to Sell the Property

Chris Sower

Cushman & Wakefield Listed on: 03/02/2021

Co-Listed By

Jonathan Bryant

Jones Lang LaSalle

Last Buyer's Agent

Chris Sower

Cushman & Wakefield Listed on: 03/02/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $999

Lot Details

  • 0.48 Acre Lot
  • Property is zoned 999

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$999

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Special Features: None

Interior Features

  • MAIN LO: AN6656
  • MAIN SO: AN6656

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Harbor, 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No

Utilities

  • Sewer: Other
  • Gas: Other (See Remarks)
  • Electric: Other (See Remarks)
  • Water Source: Other

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Zoning: 999
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 21100
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 999
  • Tax Annual Amount: 999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jul 16, 2025
Sold by
Bp Rt and Pomeroy
Bought by
141 Addison Street Llc
Seller's Agent
Chris Sower
Cushman & Wakefield
Buyer's Agent
Chris Sower
Cushman & Wakefield
List Price
$4,600,000
Sold Price
$1,800,000
Premium/Discount to List
-$2,800,000
-60.87%
Views
52
Current Estimated Value
$1,779,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,662
Avg. Annual Appreciation
-2.59%
Original Mortgage
$144,000
Outstanding Balance
$143,510
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$1,635,828
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $1,800,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2025 07/17/25 Sold $1,800,000 -60.9% --
08/19/2021 08/19/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $4,600,000 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,525 $559,500 $193,800 $365,700
2024 $15,468 $612,100 $193,800 $418,300
2023 $15,235 $617,300 $193,800 $423,500
2022 $15,078 $603,600 $193,800 $409,800
2021 $14,308 $582,800 $183,600 $399,200
2020 $14,244 $571,600 $183,600 $388,000
2019 $15,638 $625,500 $183,600 $441,900
2018 $15,309 $607,500 $168,300 $439,200
2017 $14,588 $575,000 $158,100 $416,900
2016 $14,062 $524,500 $147,900 $376,600
2015 $13,801 $467,500 $127,500 $340,000
2014 $13,719 $440,000 $112,200 $327,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72791694

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-000608