Off Market
359 Lowell St, Somerville, MA
Somerville · MA 02145
- $1,044,900
- Price
- 2
- Beds
- 2.5
- Baths
- 4326
- Sq. ft.
Overview
Property type:
Single Family
Year built:
Built in 1910
Lot size:
3,173 Sq.Ft Lot
Price per square foot:
$242 / Sq.Ft
Parking:
No Parking
Heating & cooling:
Heat, Window AC
About this home
UPDATED ZONING STUDY - 7 units /1 Affordable. Opportunity to acquire MR4 zoned parcel in Magoun Square, less than a ? mile from the newly opened Magoun Square GLX station. The 3,173 SF parcel abuts 3/4 of an Acre of MR4 zoned parcels on all sides and currently has a 4,350 SF existing structure generating $4,132/month with leases ending 8/31/24. An initial massing study indicated a 4-story 6,375 SF structure consisting of up to 8 units may be feasible. 359 Lowel Street?s proximity to Magoun Square station is situated within a Transit Zone affording no minimum parking requirements.Existing structure consists of Two Levels, 2,150 SF each. Renovated 2 Bed 2 Bath unit on the top floor and flex/open space on the first floor. Great ceiling height on both floors. Lots of possible options to increase value over the term of ownership. . Seller and Broker make no representations, expressed or implied with respect to the development potential of the property.
Neighborhood & Transit
Magoun Square
359 Lowell St, Somerville · MA 02145
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Magoun Square Green 0.22 mi
-
Ball Square Green 0.43 mi
Price Insight
- Days on Market:
- 777 days
- Listing Price:
- $1,044,900
- Price per Sq.Ft:
- $242
- Tax Assessment:
- $1,025,400 in 2024
- Taxes:
- $899 / Monthly
Home Facts
Interior Features
- Bedrooms
- 2
- Full Bathrooms
- 2
- Half Bathrooms
- 1
- Living Area
- 4,326 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- 7
- Above grade area
- 4326
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Central Heat
- Heating Zone
- Unknown
- Cooling
- Window AC
- Cooling Zones
- Unknown
- Water
- City/Town Water
- Sewer
- City/Town Sewer
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 3,173 Sq.Ft
- Lot Description
- Paved Drive
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Ryan Taylor
- Listing office
- Fortune RE
- MLS PIN #
- 73291603
- Disclosure
- Property Owner has interest in Fortune RE