Land for Sale in Somerville MA

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7 Washington Street Somerville MA 02143

Somerville, MA7 Washington Street

Price$1,775,000

Est. Mortgage: $/month

MLS Number 72868991

  • 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 of Leading Edge Real Estate

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$
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$/month over payments
Federal 30-year interest rate: 2.8% last updated on Jul 29, 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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Malvern Somerville MA 02144

Somerville, MAMalvern

Price$999,000

Est. Mortgage: $/month

MLS Number 72836203

  • Land Residential
  • MLS Status Active
  • Acreage 0.07

2964 sf lot in RB zone in awesome Somerville location right near Cambridge line. Steps to Davis Sq. Great opportunity to build multiple units in red hot market. Buyer to perform their own due diligence with zoning and allowed uses.

Listed by Tim Longden of Olde Towne Real Estate Co.

$
$
%
$/month over payments
Federal 30-year interest rate: 2.8% last updated on Jul 29, 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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