**Prime Development Opportunity in Medford, Massachusetts** Presenting Gravity 590, an exceptional approved development offering a rare opportunity for developers in the highly sought-after community of Medford. This 41,306 sq. ft. project is located on a 20,578 sq. ft. buildable lot, perfectly positioned near major hubs like Tufts University and the Green Line station, making it a commuter’s dream with easy access to Somerville, Cambridge, Boston, and beyond. The approved plans feature 45 residential units, a first floor retail space, ample parking, and bike storage, catering to the demand for modern city living. With its prime location and thoughtful design, Gravity 590 is poised to become a vibrant addition to Medford's growing landscape. Don’t miss this unique investment opportunity to shape the future of a thriving community.
Property Details
Property Features
Listing Office:
Office Name: Leading Edge Real Estate
Office Phone: (781) 729-5505
Listing Agent: Melanie Lentini
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.47 Acres
Other
Directions Information:
Directions: On the corner of Boston Ave and Harvard Street
Price Information
Listing Price Info
Price Summary:
List Price: $8,999,900
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Housing Market Comparison
See how this home compares to others in Medford, MA.
This property is $8.1M more than the Median Sold Price in Medford, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73298554
Listing Office:
Office Name: Leading Edge Real Estate
Office Phone: (781) 729-5505
Listing Agent: Melanie Lentini
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Benjamin G Brown
201 Willow Ave
Distance between this listing and this school0.36 miles
Public District Grades KG-5
4
/10
Columbus Elementary School
37 Hicks Ave
Distance between this listing and this school0.59 miles
Public District Grades PK-5
4
/10
McGlynn Elementary School
3002 Mystic Valley Pkwy
Distance between this listing and this school0.93 miles
Public District Grades PK-5
Nearby Schools
5
/10
West Somerville Neighborhood
177 Powder House Blvd
Distance between this listing and this school0.72 miles
Public District Grades PK-8
4
/10
McGlynn Middle School
3004 Mystic Valley Pkwy
Distance between this listing and this school0.90 miles
Public District Grades 6-8
8
/10
John F Kennedy
5 Cherry St
Distance between this listing and this school0.92 miles
Public District Grades PK-8
Nearby Schools
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school1.36 miles
Public District Grades 9-12
1
/10
Full Circle High School
11 Otis St
Distance between this listing and this school1.69 miles
Public District Grades 9-12
6
/10
Cambridge Rindge and Latin
459 Broadway
Distance between this listing and this school1.96 miles
The neighbors living near this home have an average income of $66,827. The majority of Medford, MA residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 590 Boston Ave
What is the listing price of this property?
The listing price of 590 Boston Ave property is $8,999,900.
What type of property is this?
The property 590 Boston Ave is land located in Medford, Massachusetts, 02155.
Is this property for sale now?
Active Listing: 590 Boston Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 590 Boston Ave in Medford, MA and zip code 02155. This home sits on a 0.47 acre lot. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $8,999,900.
While more than 20 listings in Medford, MA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 10 were sold below. Between October 2024 and November 2024, Medford, MA real estate market has seen decrease in the number of listings by 26.1%. In November 2024 median list price was $850,200 and the average listing age was 21 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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