1006 BroadwaySomerville, MA 02144MLS Number 73156089

  • Price: $3,190,000
  • Est. Mortgage of $/month
  • 27 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
1006 Broadway Somerville MA 021441006 Broadway Somerville MA 021441006 Broadway Somerville MA 021441006 Broadway Somerville MA 021441006 Broadway Somerville MA 021441006 Broadway Somerville MA 021441006 Broadway Somerville MA 021441006 Broadway Somerville MA 021441006 Broadway Somerville MA 02144
QR Code
  • 25Bedrooms
  • 0.21Acreage
  • 22Bathrooms
  • 2023Year Built
Attention developers, builders and landlords, amazing By-Right 6 units condo or apartment development opportunity in primary Somerville location 2 blocks from Tufts University, 0.4 miles from Davis Square. The current lot of 9,284 SQFT has been approved to be split to 3 lots. 4 condos and 2 duplexes. 6 surface parking spaces. Designed by renowned architect Peter Quinn, total buildout allows for about 14,000 SQFT, total sellout projected to up to $10M. No Affordable units required. If you desire to keep the current building, you will have total 12 bedrooms, 5 full baths in a multi-family with about 4,500 SQFT, two car garage, two driveways, 4 more parking, and high ceiling in unfinished basement. A cash cow for rental in the hottest area of Somerville. Condo conversion permit in hand, lot split approved, HPC green lighted the demolition of the current building, building permit well underway. All architectural and structural plans and docs will be transferred to new owner, don't miss it
Listed by Derek Greene of The Greene Realty Group

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-844-9371
127 Franklin St
Reading, MA 01867

Ask A Question

Do not fill in this field:

More Info

Basic Information

  • Lot Features Corner Lot, Wooded, Level
  • Mls StatusActive
  • Parcel Number M:12 B:C L:1,748677

Location

  • Address1006 Broadway
  • Building Number1006
  • CountyMiddlesex
  • StateMA
  • StreetBroadway
  • TownSomerville
  • Zip02144

Property Information

  • Building Area Source Owner
  • Living Area 14,000
  • Lot Size Square Feet 9,284
  • Lot Size Units Acres
  • Square Feet14,000
  • View YN Yes

Tax Information

  • Tax Assessed Value $1,483,000
  • Tax Year 2023
  • Taxes$15,334

Rooms

  • Bathroom22
  • Bathrooms Total Decimal 20
  • Bedrooms25
  • Full Bath18
  • Half Baths4

Property

  • Acreage0.21

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Other AmenitiesBasement

Other

  • Buyer Agency Compensation2.5%
  • Date Listed09/06/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation0%
  • View Count3

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces6

Basic Information

  • List Price$3,190,000
  • MLS Number73156089
  • Modification Date09/10/2023
  • Property SubType5-9 Family

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Garage Spaces
  • Rooms99
  • Stories14
  • Year Built2023
  • Year Built Details To Be Built
  • Year Built Source Owner
Listed by Derek Greene of The Greene Realty Group

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: