10 Corinthian Road Somerville MA 02144 MLS #73271958

There are multiple listings for this address:
10 Corinthian Road
Somerville, MA, 02144
$3,950,000
Beds
0 Baths
0 SqFt
0.21 Acres
$3,950,000
10 Corinthian Road
Somerville, MA, 02144
Offered for sale is a rare to market 12-unit (2 6-unit structures) boutique condo project in close proximity to Davis Square delivered with zoning approvals. The site is located adjacent to world-renowned Tufts University and a short walk to the Davis Square Transit Station. The development boasts 15,691 GSF across 12 Market Rate units with 8-9 off-street surface parking spaces and dedicated outdoor space for each unit. The unit mix consists of (2) 1-Beds, (6) 2-Beds & (4) 3-Beds. Recent sales comps in the immediate vicinity project a sellout of $13,274,500 imputing a 34.97% Return on Cost and an Equity Multiple of 2.4.Project can also be delivered with a building permit for additional consideration.

Property Details

Price:
$3,950,000
MLS #:
73271958
Status:
Active
Beds:
0
Baths:
0
Address:
10 Corinthian Road
Type:
Land
Subtype:
Residential
City:
Somerville
Listed Date:
Jul 31, 2024
State:
MA
Total Sq Ft:
14,845
ZIP:
02144
Lot Size:
9,315 sqft / 0.21 acres (approx)
Year Built:

Schools

Interior

Exterior

Parking Spots
8

Financial

Tax Year
2024
Taxes
$17,803
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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10 Corinthian Road
Somerville, MA
10 Corinthian Road
Somerville, MA, 02144
$3,950,000
26 Beds
23 Baths
14,845 SqFt
0.21 Acres
$3,950,000
10 Corinthian Road
Somerville, MA, 02144
Offered for sale is a rare to market 12-unit (2 6-unit structures) boutique condo project in close proximity to Davis Square delivered with zoning approvals. The site is located adjacent to world-renowned Tufts University and a short walk to the Davis Square Transit Station. The development boasts 15,691 GSF across 12 Market Rate units with 8-9 off-street surface parking spaces and dedicated outdoor space for each unit. The unit mix consists of (2) 1-Beds, (6) 2-Beds & (4) 3-Beds. Recent sales comps in the immediate vicinity project a sellout of $13,274,500 imputing a 34.97% Return on Cost and an Equity Multiple of 2.4.Project can also be delivered with a building permit for additional consideration.

Property Details

Price:
$3,950,000
MLS #:
73271961
Status:
Active
Beds:
26
Baths:
23
Address:
10 Corinthian Road
Type:
Multi Family
Subtype:
Residential
City:
Somerville
Listed Date:
Jul 31, 2024
State:
MA
Finished Sq Ft:
14,845
Total Sq Ft:
14,845
ZIP:
02144
Lot Size:
9,315 sqft / 0.21 acres (approx)
Year Built:
Units:
12

Schools

Interior

Exterior

Parking Spots
8

Financial

Tax Year
2024
Taxes
$17,803
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby