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

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:

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:

ZIP:

02145

Lot Size:

11,778 sqft / 0.27 acres (approx)

Year Built:

1967

Units:

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

Financial

Tax Year

2022

Taxes

$11,579

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Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

pegasusrealtyma@gmail.com

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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Courtesy of Steve Bremis Realty Group. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Rover IDX

176-182 Broadway

Somerville, MA

176-182 Broadway

Somerville, MA, 02145

$4,599,900

Beds

0 Baths

0 SqFt

0.27 Acres