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.
For sale
$5,250,000
76-96 Maple St, Florence, MA 01062
14beds
29,444sqft
Est.:
5+ Family - 5+ Units Up/Down
Built in 1894
-- sqft lot
$-- Zestimate®
$178/sqft
$-- HOA
What's special
New roofCustom high-end buildouts
- 15 days
- on Zillow |
- 1,622 |
- 82 |
Zillow last checked: 7 hours ago
Listing updated: July 27, 2025 at 12:09am
Listed by:
Andrew Rodman,
Lock and Key Realty Inc.
Source: MLS PIN,MLS#: 73408351
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 20
- Full bathrooms: 20
Features
- Flooring: Wood, Vinyl
- Basement: Full
- Number of fireplaces: 9
Interior area
- Total structure area: 29,444
- Total interior livable area: 29,444 sqft
- Finished area above ground: 29,444
Property
Parking
- Total spaces: 20
- Parking features: Paved Drive, Off Street, On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 1.81 Acres
Details
- Parcel number: M:017C B:0223 L:0001
- Zoning: GB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Brick
- Foundation: Concrete Perimeter, Block, Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1894
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Laundromat, House of Worship, Public School
Location
- Region: Florence
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $2,212,200
- Annual tax amount: $38,000
- Date on market: 7/23/2025
- Total actual rent: 28154
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