Is Boston parking space worth $45,000?

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Is Boston parking space worth $45,000?

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A parking space is on the market for $45,000. (Photo: Boston25News.com)

A piece of real estate about the size of a coffin comes with a drop-dead price in Brookline. 

It’s nearly $45,000 for a parking spot, but snow removal is extra.

Realtor.com shows the spot, off Addington Road, hit the market in November for $15,000 more than it costs now. 

In Brookline, parking is at a premium. But the spot isn’t even premium parking. For one thing, you're at risk of getting sideswiped and there's a tree stump that makes getting out of the passenger seat a little difficult. 

To be fair, the listing does not promise voluminous, capacious or anything of the sort. 

Though it may be in a "sought after location," the property description also advises it is "suitable for compact car only." 

“It seems like a lot of money, but it's not unreasonable for a parking space in Brookline,” The Presti Group’s Gina Dirocco said.

Dirocco says there's a good reason why, in Brookline, this humble pad of asphalt could fetch such a seemingly outrageous price. 

“Most towns around here will let you park overnight nine months out of the year. All the months except the winter. Brookline, however, does not offer parking any time of the year. Ever,” she explained. 

With a low-enough interest rate, it's even possible slot number 12 could wind up costing less per month than a rented space. 

Still, what might make good economic sense in the long run might not feel, to some, like good common sense in the short term. 

It’s been on the market for a while and still hasn’t sold. 

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