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12-24 Pine StreetSwampscott, MA 01907Price: $1,700,000

  • Price: $1,700,000
  • 67 Days on Market
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Federal 30-year interest rate: 6.09% last updated on Feb 2, 2023
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  • $1,700,000List Price
  • 0.36Acreage
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Listed by Herrick Lutts Realty Partners and Jason Grzybek of Herrick Lutts Realty Partners
12-24 Pine Street is a +/- 15,000sqft Manufacturing Building located less than a half mile from the Swampscott Commuter rail in one direction and a half mile to the beach in the other direction. Current ownership has been granted a special permit to demolish the existing building and construct a new three story building containing 21 residential dwelling units. The new building would contain a parking level on the first floor with 29 garage parking spaces. On the second and third floor(s) the unit mixture is (14) 1 bedroom units, (4) 2 bedroom units, and (3) studio units. Take advantage of this development opportunity that you seldom see in the open marketplace. Property to be sold as is with current decision from the Swampscott zoning board of appeals. Buyer is responsible to obtain full architectural plans & building permit. Phase 1 available upon request.

Property Details of 12-24 Pine Street

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