Exclusive Developer/Contractor/Investor Development Project: Shovel-ready Two luxury condo units in a prime Davis Square location. Ready for immediate renovation with substantial ROI potential. 4+ car parking, decks, and dedicated patios. Stunning architectural design by a top Somerville firm. Permits nearing approval. The owner will provide support throughout the construction phase as needed by Buyer. Contact agent for detailed plans & condo docs.
This property presents a fantastic opportunity for investors seeking a well-located asset in a thriving neighborhood. Just minutes from Davis Square, this home is perfectly positioned for access to the Red Line T station, local restaurants, and a lively array of shops. It’s also conveniently close to Tufts University, making it ideal for student housing or rental opportunities for academic professionals!The exterior features custom iron work railings, offering unique curb appeal, while inside, the property is adorned with beautiful antique chandeliers that enhance its classic charm. In addition to its character, the home offers ample closet space, providing practical storage solutions throughout.Whether you’re interested in maintaining its vintage character or updating it to suit modern tastes, this property offers incredible flexibility.With its mix of character, proximity to Tufts and Davis Square, and future possibilities, this property is a rare find in today’s market.
The median home value in Somerville, MA is $762,800. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Somerville, MA is $762,800. Approximately 31.88% of Somerville homes are owned, compared to 62.23% rented, while 5.89% are vacant. Somerville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somerville real estate agent to arrange a tour today!
Somerville, Massachusetts 02144 has a population of 80,608. Somerville 02144 is less family-centric than the surrounding county with 28.41% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Somerville, Massachusetts 02144 is $108,896. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Somerville 02144 is 31.8 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 48 inches per year, with 51.4 inches of snow per year.