Listing Courtesy of: The Steve Bremis Team - Steve Bremis Realty Group 617-828-1070
$4,599,900 affordable loan icon Calculate Payment

176-182 Broadway Unit 176-182 Somerville, MA 02145

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Multi-Family Residence
99 Beds
198 Baths
Sq. Ft.
0.27 Acre Lot

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Last updated on 12/4/2024 7:37 PM
DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. Possible buildout w/ TYPICAL CONSTRUCTION WILL ALLOW UP TO 28 UNITS and approx 31,970 gross sq ft of building and approx 1,125 average per unit size OR building as a NET ZERO BUILDING...YOU CAN PUT UP TO 37 MAXIMUM UNITS with approx 577 sq ft mor...e or lessIncludes 2 parcels w/ over 11,000 sq ft of land, being sold as a package. ZONED MR5. Addtnl COMMERCIAL SPACE OF UP TO 5000 SQ FT is allowed. One parking space required per unit...there is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. SELLER WILL WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS BEFORE CLOSING. Buyer responsible for all fees incl but not limited to architects fees, attorney fees etc necessary to obtain approvals. Affordable requirement for City of Somerville is 20%. GREAT LOCATION rated a WALKER'S PARADISE SCORE OF 95. Insanely convenient...UNDER A MILE TO GREEN AND ORANGE LINE SUBWAY STOPS! Continue reading
MLS#
73287759
Property Type
Multi-Family
Bedrooms
99
Bathrooms
99 Full/99 Half
Year Built
1967
Lot Size
0.27
Sewer
Public Sewer

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Listing Courtesy of: The Steve Bremis Team - Steve Bremis Realty Group 617-828-1070
Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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This content last refreshed on 12/4/2024 7:37 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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