Unit Information
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.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Zip Code: 01062
- Levels: 5
- Parking
- Parking: Paved Drive, Off Street, On Street
- Parking Spaces: 20
- Rooms and Dimensions
- Total Units: 23
- Total Floors: 5
- Total Rooms: 70
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$5,250,000
- Status: New
- Listing ID: 73408351
- Bedrooms: 14
- Full Baths: 20
- Living Area: 29,444 sqft Convert
- Lot Size: 78,843 sqft Convert
- Acres: 1.81
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |