$2,800,000
$2,999,900
6.7%For more information regarding the value of a property, please contact us for a free consultation.
176-182 Broadway Somerville, MA 02145
99 Beds
148.5 Baths
0.27 Acres Lot
Key Details
Sold Price $2,800,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73443438
Sold Date 02/10/26
Bedrooms 99
Full Baths 99
Half Baths 99
Year Built 1967
Annual Tax Amount $11,579
Tax Year 2022
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. SELLER WILL NOT WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS. Possible buildout w/ TYPICAL CONSTRUCTION WILL ALLOW UP TO 28 UNITS and approx 31,970 gross sq ft of building and approx 1,125 average per unit size OR building as a NET ZERO BUILDING...YOU CAN PUT UP TO 37 MAXIMUM UNITS with approx 577 sq ft more or lessIncludes 2 parcels w/ over 11,000 sq ft of land, being sold as a package. ZONED MR5. Addtnl COMMERCIAL SPACE OF UP TO 5000 SQ FT is allowed. One parking space required per unit...there is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. Affordable requirement for City of Somerville is 20%. GREAT LOCATION rated a WALKER'S PARADISE SCORE OF 95. Insanely convenient...UNDER A MILE TO GREEN AND ORANGE LINE SUBWAY STOPS!
Location
State MA
County Middlesex
Zoning MR5
Direction On Broadway from Assembly Sq/ Sullivan Sq towards Winter Hill...property is on the left before McGra
Exterior
Community Features Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station
Total Parking Spaces 20
Garage No
Building
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with The Eisnor Team • William Raveis R.E. & Home Services
NEARBY SCHOOLS & BUSINESSES






