176-182 Broadway Somerville MA 02145 MLS #73287759

There are multiple listings for this address:
176-182 Broadway
Somerville, MA, 02145
$4,599,900
99 Beds
148.5 Baths
0 SqFt
0.27 Acres
$4,599,900
176-182 Broadway
Somerville, MA, 02145
DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. 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. SELLER WILL WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS BEFORE CLOSING. Buyer responsible for all fees incl but not limited to architects fees, attorney fees etc necessary to obtain approvals. 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!

Property Details

Price:
$4,599,900
MLS #:
73287759
Status:
Active
Beds:
99
Baths:
148.5
Address:
176-182 Broadway
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Somerville
Listed Date:
Sep 10, 2024
State:
MA
ZIP:
02145
Lot Size:
11,778 sqft / 0.27 acres (approx)
Year Built:
1967
Units:
5

Schools

Interior

Bathrooms
99 Full Bathrooms, 99 Half Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Highway Access, House of Worship, Public School, T- Station
Construction Materials
Frame, Brick
Parking Features
Paved Drive, Off Street
Parking Spots
20

Financial

Tax Year
2022
Taxes
$11,579
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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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176-182 Broadway
Somerville, MA
176-182 Broadway
Somerville, MA, 02145
$4,599,900
Beds
0 Baths
0 SqFt
0.27 Acres
$4,599,900
176-182 Broadway
Somerville, MA, 02145
DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. 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. SELLER WILL WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS BEFORE CLOSING. Buyer responsible for all fees incl but not limited to architects fees, attorney fees etc necessary to obtain approvals. 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!

Property Details

Price:
$4,599,900
MLS #:
73287760
Status:
Active
Beds:
0
Baths:
0
Address:
176-182 Broadway
Type:
Land
Subtype:
5+ Family – 5+ Units Up/Down
City:
Somerville
Listed Date:
Sep 10, 2024
State:
MA
ZIP:
02145
Lot Size:
11,778 sqft / 0.27 acres (approx)
Year Built:
1967

Schools

Interior

Bathrooms
99 Full Bathrooms, 99 Half Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Highway Access, House of Worship, Public School, T- Station
Construction Materials
Frame, Brick
Parking Features
Paved Drive, Off Street
Parking Spots
20

Financial

Tax Year
2022
Taxes
$11,579
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