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Boston woman pays $560,000 for two parking spots 
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Boston woman pays $560,000 for two parking spots

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Two adjacent parking spots in the US city of Boston have been auctioned for $560,000 (£357,000), almost double the average price of a home in the region.

Bidding for the patch of asphalt began at $42,000 during an onsite auction in the city's upmarket Back Bay area.

They were sold by the Internal Revenue Service, which had seized them from their original owner over a tax debt.

Lisa Blumenthal, who lives in a multi-million dollar home nearby with three existing parking spots, was the buyer.

She told the Boston Globe the spaces would be useful for guests and workers.

The record price for a single parking spot in Boston is $300,000, also in Back Bay.

The average price of a single-family home in Massachusetts is $313,000.

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Fri Jun 14, 2013 6:18 pm
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Amnesia10 wrote:
Boston woman pays $560,000 for two parking spots

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Two adjacent parking spots in the US city of Boston have been auctioned for $560,000 (£357,000), almost double the average price of a home in the region.

Bidding for the patch of asphalt began at $42,000 during an onsite auction in the city's upmarket Back Bay area.

They were sold by the Internal Revenue Service, which had seized them from their original owner over a tax debt.

Lisa Blumenthal, who lives in a multi-million dollar home nearby with three existing parking spots, was the buyer.

She told the Boston Globe the spaces would be useful for guests and workers.

The record price for a single parking spot in Boston is $300,000, also in Back Bay.

The average price of a single-family home in Massachusetts is $313,000.


Me thinks she's going to build on it.


Fri Jun 14, 2013 6:28 pm
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Looks like you could park 4 cars in those two spaces.

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Sat Jun 15, 2013 8:25 am
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