Boston parking spot sold for $160,000

Discussion in 'Bizarre and Off-Beat News' started by Casshew, Apr 28, 2004.

  1. Casshew

    Casshew Former Member

    Likes Received:
    Trophy Points:
    BOSTON, Massachusetts (AP) -- As real estate spaces go, it's quite small. Still, it comes with heat and valet service, sits in a tony Boston neighborhood and costs a mere $160,000.Your car will thank you.

    The escalating cost of parking, long a premium in Boston, hit home for many when it was learned that a 180-square-foot parking spot sold last month for $160,000 at the Brimmer Street Garage in the Beacon Hill neighborhood.

    As prices for some spaces exceed the cost of a single-family house in other parts of the state, even seasoned real estate agents are muttering, "Whoa."

    "I've said that on a number of occasions," said Richard Phipps, owner of Boston Real Estate Agents.

    Since January 2003, seven spots have sold at the Brimmer Street Garage for at least $140,000, with one spot selling for a record $167,500 last August.

    By comparison, a three-bedroom home in Westfield was listed for $159,900 this week, one of several listed under $160,000 in that western Massachusetts city.
  2. Loading...

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice