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16 Laurel is a 26-unit, newly constructed luxury apartment community located in Everett, MA. The recently developed building consists of an ideal mix of 1 and 2-bedroom upscale apartment units. The property is ideally located within an Opportunity Zone allowing for investors with capital gains tax liabilities to receive favorable tax treatment. 16 Laurel is located approx. 4 miles from downtown Boston and less than a mile from Everett’s emerging “Lower Broadway” corridor, which is home to the recently opened Encore Boston Harbor Resort and Casino, one of Greater Boston’s largest employers (5,500 employees). This transit-oriented site offers convenient accessibility with a bus station only steps away at the corner of Main and Tileston, providing direct routes to the MBTA Orange Line’s Wellington Station and Sullivan Station. 16 Laurel is also near Assembly Row which contains 1.6 million SF of office/lab space in addition to multifamily, lodging, and 500,000 SF of retail/entertainment.
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Listing provided by Christopher Sower, Colliers International
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