CCertihomes
258-270 K Street, Boston, MA 02127

$8,000,000

0 beds 0 baths Built 1969Active

About this home

258-270 K street is an exceptionally rare corner lot development opportunity with multiple curb cuts in the heart of South Boston. 258-266 K street is formally the site of the beloved Joseph's Bakery and consists of 3700 usable sf + basement on a 5368 sf lot. 268-270 K street, the adjacent building is a 3228 sf well maintained 2-family on a 6603 sf lot. Additionally, this parcel has 10 gated parking spaces, an extreme rarity in Southie! The sale of the 2 parcels would give the buyer a combined 11, 971 sf lot. Located in the South Boston Neighborhood MFR zoning district, there is a wide array of allowed & conditional uses for redevelopment. With approval, highest & best use is expected to be a fully residential conversion or a mixed use retail/residential conversion. The multifamily residential subdistrict dimensional regulations including FAR, frontage, building height, etc. can be found in article 68 table D on the Boston planning and development agency website.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$58,611/mo

Real estate (PITI + HOA + PMI)
$58,132
Principal + interest$36,284
Property tax + insurance$18,848
PMI / 2nd mortgage$3,000
Utilities
$6,500
Heating + cooling$3,088
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$125
Car insurance + maintenance$125
Other (entertainment)
$158
$58,611/mo TLC
Budget$59,111/mo
Remaining after TLC$500/mo
Purchase price
$8,000,000
Down payment
$400,000 (5%)
Loan amount
$7,600,000
APR
4%

Quick facts

Type
COM
Style
Year built
1969
Lot size
0.27 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$46,420
MLS #
73205787
County
Suffolk

Home features

Roof
Rubber

Neighborhood — 02127

MetricThis ZIPCountyUSA
Population28,5536,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density13,822786
Male13,3393,127,134147,432,321
Female15,2143,317,797151,655,844
Never Married11,3591,612,88563,775,926
Married7,0562,586,314123,120,365
Separated1,531247,85712,639,686
Widowed1,851363,59415,467,586
Divorced2,135436,88823,075,029
Number Of House Hold13,2502,431,591111,826,380
Average House Hold Size2.122.562.60
Medial Age35.4437.2535.46
Median House Hold Income$44,570$57,698$48,276
Average House Hold Income$57,537$75,023$63,629
P C I$27,838$29,196$24,529
M D I$38,706$48,105$41,133
A T H E$47,778$57,083$50,898
S T R5.00%5.00%
W C J79.86%81.38%77.74%
(Zip) Code
2127

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 2/27/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.