Lot/Land for Sale: 176-182 Broadway, Somerville, MA 02145

$3,999,900
$3,999,900
176-182 Broadway, Somerville, MA 02145
$3,999,900
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Price:
$3,999,900
$600,000 - 12/04/2024
Est. payment: Skip to Mortgage Calculator

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Type Lot/Land
Lot Size 0.27 acres
City Somerville
County Middlesex
MLS 73287760
Status Active
DOM 99 days
DEVELOPABLE 5 STORY MIXED USE PROJECT WITH UP TO 37 UNITS. Incl 2 parcels w/ over 11,000 sq ft of lnd, sold as a package. ZONED MR5. Potential 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 less. 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!

Lot & Building Features

Sewer Public Sewer
Tax Year 2022
Taxes Paid $11,579
Water Public

Price History of 176-182 Broadway, Somerville, MA

Date Name Price Difference
12/04/2024 Price Adjustment $3,999,900 13.04%
09/10/2024 Listing Price $4,599,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Jackie Pech Figueroa
Direct: 978-648-1173
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Steve Bremis Realty Group, The Steve Bremis Team
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176-182 Broadway (MLS #73287760) is a lot/land listing located in Somerville, MA. This is a lot/land listing with a lot of 11,778 sqft (or 0.27 acres). This property was listed on 09/10/2024 and has been priced for sale at $3,999,900.

Nearby zip codes are 02129, 02139, 02141, 02143 and 02155. This property neighbors other cities such as Boston, Cambridge, Everett and Medford.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information 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.