176-182 Broadway, Somerville, MA 02145
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$3,999,900
5 Unit
99 Beds
198 Baths
SQFT: N/A
0.27 Acre

Property Description

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 more 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!

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 5
  • Total Bedrooms: 99
  • Total Full Baths: 99
  • Total Half Baths: 99
  • Amenities: Highway Access, House of Worship, Public School, Public Transportation, Shopping, T-Station

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No

Unit 2 Description

  • Under Lease: No

Construction

  • Year Built: 1967
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73287759
  • Last Updated: 12/08/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/08/2024Active$3,999,900MLSPIN
12/08/2024Active$3,999,900MLSPIN
12/04/2024Price Change$3,999,900MLSPIN
12/04/2024Price Change$3,999,900MLSPIN
09/14/2024Active$4,599,900MLSPIN
09/14/2024Active$4,599,900MLSPIN
09/10/2024New$4,599,900MLSPIN
09/10/2024New$4,599,900MLSPIN
09/01/2024Expired$4,599,900MLSPIN
09/01/2024Expired$4,599,900MLSPIN
05/27/2024Active$4,599,900MLSPIN
05/27/2024Active$4,599,900MLSPIN
05/23/2024New$4,599,900MLSPIN
05/23/2024New$4,599,900MLSPIN
01/01/2024Expired$4,999,900$500MLSPIN
01/01/2024Expired$4,999,900MLSPIN
11/27/2023Temporarily Withdrawn$4,999,900MLSPIN
11/27/2023Temporarily Withdrawn$4,999,900$500MLSPIN
11/01/2023Expired$4,999,900MLSPIN
03/27/2023Active$4,999,900MLSPIN
03/27/2023Active$4,999,900MLSPIN
03/25/2023Active$4,999,900$500MLSPIN
03/23/2023New$4,999,900MLSPIN
03/23/2023New$4,999,900MLSPIN
03/21/2023New$4,999,900$500MLSPIN

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Seller's Representative: The Steve Bremis Team, Steve Bremis Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.125
Facilitator Compensation: 2.125
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-08 03:05:00

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