Boston parking space sold - $560,000
WASHINGTON. June 15. KAZINFORM 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, BBC reported.
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.