Off Market

21 Allen St, Somerville, MA

Somerville · MA 02143

$7,595,000
Price
76
Beds
88
Baths
47572
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2025
Units: 69 Units
Lot size: 0.41 Acre Lot
Price per square foot: $160 / Sq.Ft
Parking: No Parking

About this home

The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.

Neighborhood & Transit

21 Allen St, Somerville · MA 02143

Nearby transit

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

  • Union Square Green 0.06 mi
  • East Somerville Green 0.37 mi

Price Insight

Days on Market:
967 days
Listing Price:
$7,595,000
Price per Sq.Ft:
$160
Tax Assessment:
$5,378,000 in 2024
Taxes:
$4,784 / Monthly

Home Facts

Interior Features

Bedrooms
76
Full Bathrooms
85
Half Bathrooms
6
Living Area
47,572 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
39472
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
17,873 Sq.Ft
Lot Description
Unknown
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 #
73211289
Disclosure
Seller has ownership interest in Fortune RE.