Development Opportunity

BOSTON (MISSION HILL), MA – (2) 2-Family Homes in Prime Transit-Oriented Location

Property Address
1 & 4 Terrace Pl., Boston, MA
Auction Reference No.
26-2237
AUCTION DATE
Tuesday, June 9, 2026 2:00 pm
Description

DEVELOPMENT OPPORTUNITY

Currently consists of (2) 2-family homes, which face eachother on Terrace Place

Prime transit-oriented location - Ideally situated within walking distance to the MBTA's Roxbury Crossing Orange Line MBTA Station and is approximately 0.6 miles from Jackson Square MBTA Station and 0.8 miles from Ruggles Station MBTA, which provides access to multiple MBTA bus routes.

Previous Approval in 2022: Approximately 14,678 square feet (.34+/- ac.) , which currently contains (2) two-family homes, which face each other on Terrace Place. Previously proposed to construct a six-story building that will contain approximately 47,792 gross square feet, forty-seven (47) homeownership units, including seven (7) IDP Units, and fifteen (15) below grade parking spaces.

*Some images shown are of the previously approved site plan.

Zoning: Mission Hill Neighborhood Zoning District & LI, OS-A Zoning SubDistrict

Terms

10% certified deposit of which $100,000 by certified or bank check due at the auction and remainder of 10% due w/in 2 days. 30 days to close. 2% BP added to the high bid to constitute the purchase price. Other terms, if any, to be announced at the sale. Announcements or changes made from the auction block or within the purchase agreement take precedence over any previously printed materials or oral statements made.

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