17 Clyde Street, Magoun SquareSomerville, MA 02145MLS Number 73227612

  • Price: $1,695,000
  • Est. Mortgage of $/month
  • 24 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* 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.
Under Agreement
17 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 0214517 Clyde Street Somerville MA 02145
QR Code
  • 0.18Acreage
  • 1886Year Built
Investors, builders, and developers take notice! Amazing opportunity to develop (2) 3 family properties in a bustling area of Somerville. Property is currently a single-family residence with 8-car garage on a lot that sits in NR Zoning which along with MBTA Communities Law allows for subdivision and “by right” 3-unit build! Great area very close to Magoun Square T station and Maxwell’s Green. Property is ~equidistant to Davis, Ball, and Porter Squares. Highly sought-after neighborhood and minutes to Boston. This transaction is subject to a 24-Month Sale/Leaseback agreement for resident as well as the City of Somerville's Historic Preservation Commission's 18-month moratorium on demolition. Currently, one side of the lot allows for immediate subdivision and development. Sale/Leaseback provides buyer with income during the permitting process, a win-win for all. Buyer and/or buyer's agents/representatives to do their own full due diligence. Don’t miss this opportunity!
Listed by Piantidosi Group of Coldwell Banker Realty - Andover

Driving Directions

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

Ask A Question

Call:

or send a message:
Do not fill in this field:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Basic Information

  • Contingency Pending P&S
  • Listing Terms Lease Back
  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number M:33 B:G L:5,752061
  • Road Frontage DescriptionPaved

Building

  • Building Area Units Square Feet
  • FoundationBrick/Mortar
  • Garage Spaces8
  • Stories3
  • Units6
  • Year Built1886
  • Year Built Details Unknown/Mixed
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation2
  • Date Listed04/24/2024
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1

Tax Information

  • Tax Assessed Value $1,090,900
  • Tax Year 2023
  • Taxes$7,030

Basic Information

  • List Price$1,695,000
  • MLS Number73227612
  • Modification Date05/15/2024
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date04/27/2024
  • Sale Date05/15/2024

Property

  • Acreage0.18

Utilities

  • Sewer Public Sewer
  • Water Source Public

Parking

  • Covered Spaces 8
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces6

Location

  • Address17 Clyde Street
  • Building Number17
  • CountyMiddlesex
  • NeighborhoodMagoun Square
  • StateMA
  • StreetClyde Street
  • SubdivisionMagoun Square
  • TownSomerville
  • Zip02145

Property Information

  • Building Area Source Public Records
  • Lot Size Square Feet 7,840
  • Lot Size Units Acres
Listed by Piantidosi Group of Coldwell Banker Realty - Andover

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:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.