Off Market
176-182 Broadway, Somerville, MA
Somerville · MA 02145
- $4,999,900
- Price
- 99
- Beds
- 148.5
- Baths
- 9999
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1967
Units:
5 Units
Lot size:
0.27 Acre Lot
Price per square foot:
$500 / Sq.Ft
Parking:
20 Off Street Spaces
About this home
POTENTIAL FIVE STORY MIXED USE DEVELOPMENT PROJECT. Includes 2 parcels w/ over 11,000 sq ft of land, being 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!
Neighborhood & Transit
176-182 Broadway, Somerville · MA 02145
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Gilman Square Green 0.50 mi
Price Insight
- Days on Market:
- 1307 days
- Listing Price:
- $4,999,900
- Price per Sq.Ft:
- $500
- Tax Assessment:
- $1,772,400 in 2022
- Taxes:
- $965 / Monthly
Home Facts
Interior Features
- Bedrooms
- 99
- Full Bathrooms
- 99
- Half Bathrooms
- 99
- Living Area
- 9,999 Sq.Ft
- Broker Disclosure about Living Area
- Living area is NOT accurate
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 9999
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 11,778 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 20 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl, Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Steve Bremis Team
- Listing office
- Steve Bremis Realty Group
- MLS PIN #
- 73089799
- Disclosure
- Both properties vacant. Seller does not warrant operability of any utilities. Zoned MR5
- Disclosure
- Living area is NOT accurate