Off Market
121 Prospect St, Somerville, MA
Somerville · MA 02143
- $5,350,000
- Price
- 99
- Beds
- 99
- Baths
- 28894
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 2023
Units:
32 Units
Lot size:
0.23 Acre Lot
Price per square foot:
$185 / Sq.Ft
Parking:
18 Garage Spaces · 18 Off Street Spaces
About this home
Fortune Realty is pleased to present 121 Prospect Street, a fully permitted and approved 32 unit transit-oriented residential development opportunity situated on the Somerville/Cambridge line, less than a quarter of a mile away from the highly anticipated Union Square Station and a stone's throw away from Cambridge's vibrant Inman Square. The four story structure consists of three wood framed residential floors over a single steel podium parking level. 121 Prospect offers 18 covered parking spaces, with multiple modes of public transit at its front door. Strategically positioned within a mile radius of esteemed educational institutions such as Harvard, MIT, and Central Square, 121 Prospect Street provides future residents with unparalleled convenience to public transportation, suburban employment hubs and a myriad of eateries, shopping, and entertainment amenities the area has to offer. The property presents a remarkable opportunity to build market rate housing in a coveted submarket.
Neighborhood & Transit
Union Square
121 Prospect St, Somerville · MA 02143
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Union Square Green 0.24 mi
Price Insight
- Days on Market:
- 1126 days
- Listing Price:
- $5,350,000
- Price per Sq.Ft:
- $185
- Tax Assessment:
- $869,700 in 2023
- Taxes:
- $1,257 / Monthly
Home Facts
Interior Features
- Bedrooms
- 99
- Full Bathrooms
- 99
- Half Bathrooms
- 0
- Living Area
- 28,894 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 28894
- 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
- 10,018 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 18 Parking Spaces
- Off Street Parking
- 18 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
- Justin Pepple
- Listing office
- Fortune RE
- MLS PIN #
- 73167279
- Disclosure
- Property comes with all approvals and permits to construct a multi family structure according to the building plans. Inquire within.