Listing ID73076129
Price$2,800,000
StatusActive
Bedrooms10
Total Baths10
Full Baths8
Partial Baths2
SqFt
5,427
Acres
0.260
CountyMiddlesex
Year Built1890
Property TypeResidential Income
Property Sub Type4 Family
***LISTING UPDATED - 4 UNITS FULLY PERMITTED*** RARE OPPORTUNITY for investors/developers to purchase this historic Somerville property. The property is fully permitted with completed, approved construction drawings. The interior of the main structure has already been demolished and some framing has started. The proposed renderings would include 4 units: All units are designed with at least (2) bedrooms and (2) full bathrooms. The 2nd existing structure (NOT PERMITTED) creates an opportunity to maximize this lot by creating another 1-bedroom cottage or renovate the structure into an additional parking/storage/common area. The location is perfect: Excellent Walkability score, close to public transportation, walkable schools, convenient access to 93 N&S. Property will be delivered vacant.
Half Baths
2
County
Middlesex
Property Sub Type
4 Family
Property Type
Residential Income
Year Built
1890
Basement
Finished
Bathrooms Total Decimal
9
Building Area Units
Square Feet
Fireplace
1
Fireplace Features
Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
Fireplaces Total
2
Interior Features
Unit 1 Rooms(Living Room,Dining Room,Kitchen,Living RM/Dining RM Combo,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 3 Rooms(Living Room,Dining Room,Kitchen), Unit 4 Rooms(Living Room,Dining Room,Kitchen)
Laundry Features
Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room
Living Area
5427
Rooms Total
32
Stories Total
7
Covered Spaces
2
Farm Land Area Units
Square Feet
Foundation Details
Brick/Mortar
Garage
1
Garage Spaces
2
Lot Features
Corner Lot
Lot Size Area
0.26
Lot Size Square Feet
11460
Lot Size Units
Acres
Number Of Units Total
4
Parking Total
5
Sewer
Public Sewer
Water Source
Public
Building Area Source
Other
Community Features
Public Transportation, Walk/Jog Trails, Bike Path, Highway Access
Country
US
Directions
I-93 to Mystic Ave in Somerville. Continue on Mystic Ave. Take MA-28 to Walnut St
MLS Area Major
Winter Hill
Waterfront
no
Zoning
1110
FLRS 2
1
FLRS 3
2
FLRS 4
3
Lead Paint
Unknown
Levels 1
1
Levels 2
1
Levels 3
1
Levels 4
1
Listing Alert
No
Mls Status
Active
FLRS 1
1
Offline List Number
3542901
Page
428
SqFt Disclosures
Based on renderings
SqFt Includes Basement
Yes
Team Member
CT006816
Year Built Details
Actual,Under Construction
Year Built Source
Public Records
Buyer Agency Compensation
2.5%
Compensation Based On
Gross/Full Sale Price
Disclosure
N
Disclosures
Building Permit cost is approx. $14, 000. Historic exterior preservation required. See attachments for building permit and other documents.
Down Payment Resource
No
Lease 1
N
Lease 2
N
Lease 3
N
Lease 4
N
List Price Per SqFt
515.94
Price Per SqFt
515.94
Sub Agency Offered
No
Tax Annual Amount
13599.1
Tax Assessed Value
1315200
Tax Book Number
728898
Tax Year
2023
Transaction Broker Compensation
1%
Schedule a Showing - Listing ID 73076129
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