Presenting a rare investment opportunity in the heart of Florence, MA—The Parsons Block at 76-96 Maple Street. This mixed-use property features 10 residential units and 10 street-level commercial spaces, plus a vacant mixed use 2-family and single-family home ready for repositioning or redevelopment. Included is an option to develop 11 townhouse condominiums (already approved) or keep the existing single family (previously used as a group home) and two unit mixed used building. Major capital improvements include a new roof (2022), upgraded fire alarm system (2022), and a multi-phase electrical service overhaul (2023–2025). Several commercial spaces have been outfitted with custom, high-end buildouts. Positioned in a vibrant, walkable location near downtown amenities, The Parsons Block offers solid in-place income with significant upside through redevelopment and unit repositioning. A true centerpiece for any investor seeking a legacy asset with immediate cash flow and long-term growth.
29,444 Sq Ft
1.81 Private Acres Exterior Space
Investment
$38,000 Annual Tax
Built in 1894
MLS/Listing ID 73408351
5 Stories
23 Units
Community - Laundromat
Community - Public Transportation
Rubber
Porch
Parking - On Street
Parking - Off Street
Parking - Paved
Brick Mortar
Block
Concrete Perimeter
Community - House of Worship
Community - Public School
Construction - Brick
Natural Wood
Vinyl
Listing Courtesy of LOCK AND KEY REALTY INC., ANDREW RODMAN - 413-386-3558
Source of Data: MLS PROPERTY INFORMATION NETWORK
TOTAL MONTHLY COST
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