Prime Development Opportunity – Fully Entitled 46-Unit Site. Presenting a rare multifamily development opportunity in the highly desirable town of Stoneham, MA. This fully entitled site is approved for 46 residential units, offering a streamlined path to construction in one of Greater Boston’s most dynamic submarkets. Strategically located with convenient access to I-93 and I-95, the site is just minutes from downtown Stoneham, local amenities, and a short commute to Boston. The property sits in a strong rental and for-sale market supported by excellent school systems, vibrant community life, and proximity to regional employers. With all approvals in place, this development is ideally positioned for investors or developers seeking to capitalize on strong demand in the area. Whether you're building for sale or long-term rental income, this is a turn-key opportunity to deliver a high-quality residential project in a high-barrier-to-entry market.
53,000 Sq Ft
3.12 Private Acres Exterior Space
Other
$21,793 Annual Tax
Built in 2025
MLS/Listing ID 73367974
3 Stories
46 Units
Parking - Off Street
Community - Public Transportation
Community - Shopping
Community - Park
Community - Walk/Jog Trails
Community - Golf
Community - Medical Facility
Community - Laundromat
Community - Bike Path
Community - Conservation Area
Community - Highway Access
Community - House of Worship
Community - Private School
Community - Public School
Community - T-Station
Community - University
Listing Courtesy of GDP REAL ESTATE GROUP, LLC, GIANNI DE PALMA - 978-804-4450
Source of Data: MLS PROPERTY INFORMATION NETWORK