297 Medford StreetSomerville, MA 02143MLS Number 73198957

  • Price: $4,999,900
  • Est. Mortgage of $/month
  • 114 Days on Market
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Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
297 Medford Street Somerville MA 02143297 Medford Street Somerville MA 02143297 Medford Street Somerville MA 02143297 Medford Street Somerville MA 02143297 Medford Street Somerville MA 02143297 Medford Street Somerville MA 02143297 Medford Street Somerville MA 02143297 Medford Street Somerville MA 02143297 Medford Street Somerville MA 02143
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  • 0.33Acreage
297 Medford Street, Somerville, MA: Prime land for sale with significant development potential. This strategically located property boasts a spacious lot, offering development for 33 units by right. It presents an ideal opportunity for investors and developers seeking to capitalize on the vibrant Somerville real estate market. Proximity to Gilman Square, shopping easy access to Boston and the thriving community enhances its appeal. Explore the potential of this well-situated parcel for a lucrative and impactful development.
Listed by Mike Cohen of Compass

Driving Directions

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

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More Info

Basic Information

  • Lot Features Corner Lot
  • Mls StatusUnder Agreement
  • Parcel Number M:79 B:F L:1,758906

Building

  • Building Area Units Square Feet

Property

  • Acreage0.33

Property Information

  • Lot Size Square Feet 14,526
  • Lot Size Units Acres

Tax Information

  • Tax Assessed Value $682,000
  • Tax Year 2023
  • Taxes$11,833

Location

  • Address297 Medford Street
  • Building Number297
  • CountyMiddlesex
  • StateMA
  • StreetMedford Street
  • TownSomerville
  • Zip02143

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Public Transportation
    • Shopping
    • University
    • Walk/Jog Trails

Basic Information

  • List Price$4,999,900
  • MLS Number73198957
  • Modification Date04/04/2024
  • Property SubTypeResidential
  • Purchase Contract Date04/04/2024
  • Sale Date04/04/2024

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas Other (See Remarks)
  • Sewer Public Sewer
  • Water Source Public

Other

  • Buyer Agency Compensation2
  • Date Listed02/02/2024
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2
  • View Count5
Listed by Mike Cohen of Compass

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