Land for Sale in Somerville MA

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7 Washington Somerville MA 02143

Somerville, MA7 Washington

Price$1,950,000

Est. Mortgage: $/month

MLS Number 72802679

  • Land Residential
  • MLS Status Active
  • Acreage 0.07

Rare opportunity to develop a AS OF RIGHT 10 unit residential building blocks away from the Green Line extension. Architects full submittal package ready to be filed with city. Comprised of four high efficiency one bedrooms, five two bedrooms and a parlor duplex three bedroom. Well laid out, open concept units designed for the way we want to live. Viable for condo sales with an expected sellout of 6.3+M, or hold as a rental building with strong potential NOI and CAP rate while the area continues to develop around the green line extension. The extension has a Washington St Stop, which is less than .4 miles away. Only a mile away from bustling Assembly Row. 6 unit as of right with 4 units added through net zero build.

Listed by Ramsay and Company, Brianna Ayube and Ramsay Fretz of Leading Edge Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on May 6, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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91 Prospect Street Somerville MA 02143

MLS Number 72820724

  • Land Residential
  • MLS Status Active
  • Acreage 0.1

Development opportunity only .2 of a mile from the heart of Inman square. Currently an auto body with open car parking and a small repair shop, this 4360 square foot lot with large curb cut has the making of a residential or mixed use development. Zoned UR, with 54 feet of frontage, and 81 depth. Prime location within walking distance to public transportation, Inman, and the many of the shops and restaurants that Somerville and Cambridge have to offer.

Listed by Ramsay and Company and Ramsay Fretz of Leading Edge Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on May 6, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

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