Off Market

10 Corinthian Rd, Somerville, MA

Somerville · MA 02144

$3,950,000
Price
26
Beds
23
Baths
14845
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2026
Units: 12 Units
Lot size: 9,315 Sq.Ft Lot
Price per square foot: $266 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

***NEW CONSTRUCTION*** 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.

Neighborhood & Transit

10 Corinthian Rd, Somerville · MA 02144

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Davis Red 0.31 mi

Price Insight

Days on Market:
826 days
Listing Price:
$3,950,000
Price per Sq.Ft:
$266
Tax Assessment:
$1,668,800 in 2024
Taxes:
$1,484 / Monthly

Home Facts

Interior Features

Bedrooms
26
Full Bathrooms
22
Half Bathrooms
2
Living Area
14,845 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
11145
Flooring
Unknown
Lead paint
None

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
9,315 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

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 #
73271961
Disclosure
Property owner has ownership interest in Fortune Realty.