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The IRS is planning later this month to auction off two parking spaces at 298 Commonwealth Ave. in the Back Bay.
The two spaces were seized by the federal revenue department from a tax-deliquent owner who owes $969,000 in back taxes.
Though bids will start at $40,000 (based on some la-la land formula that obviously has little to do with real-estate reality in downtown Boston), bids could hit $250,000 or higher, or so the IRS thinks/hopes.
Believe it or not, there used to be a time, once upon a time, when $250,000 could buy you both a condo and two parking spaces in the Back Bay. But that was then, this is now.
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Updated: January 2018
