Off Market
366 Broadway, Somerville, MA
Somerville · MA 02145
- $4,500,000
- Price
- 35
- Beds
- 52.5
- Baths
- 7160
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1975
Units:
35 Units
Lot size:
0.31 Acre Lot
Price per square foot:
$628 / Sq.Ft
Parking:
18 Off Street Spaces
About this home
Somerville Winter Hill Rare Offering of a by right 35 unit residential development project. Currently used as a medical offices by FOUR tenants and has potential to be divided into EIGHT units. Located in a neighborhood business district please see new zoning for MR4 zone for possibility of developing into 35 residential units.property has potential for a variety of uses. Tenants and their clients enter directly off Broadway through a nicely tended landscape and foyer, and have direct access out the rear door to a large parking lot located directly behind the building. One of the units is currently vacant and was recently occupied by a large, successful dental practice that is relocating late this year. Buyer must do own due diligence. Seller makes no representations but believes that a 35 unit residential Development can be built at this site. Please do your own due diligence on the Development prospect of this amazing property. Please see analysis attached here. 1 unit vacant.
Neighborhood & Transit
Winter Hill
366 Broadway, Somerville · MA 02145
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Gilman Square Green 0.39 mi
-
Magoun Square Green 0.49 mi
Price Insight
- Days on Market:
- 1974 days
- Listing Price:
- $4,500,000
- Price per Sq.Ft:
- $628
- Tax Assessment:
- $1,532,700 in 2021
- Taxes:
- $2,132 / Monthly
Home Facts
Interior Features
- Bedrooms
- 35
- Full Bathrooms
- 35
- Half Bathrooms
- 35
- Living Area
- 7,160 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- 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
- 13,495 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 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
- David Lilley
- Listing office
- RE/MAX Destiny
- MLS PIN #
- 72844921