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1-3 Woodbine Street, Somerville MA 02143

Somerville, MA 02143
$1,599,999
Est. $8,291/month
0.11
Acres
40
Days on Market
Active Listed Jan 12, 2026 • MLS# 73467482 Copied!

About this home

Transit-oriented luxury multifamily development opportunity ideally located adjacent to the recently improved Junction Park. The proposed development will benefit from unobstructed park views on a corner location at Woodbine and Centre Street.The current owner is in the process of expanding the lot to approximately 4,860 square feet, with final land consolidation expected to be approved in February. Architectural plans and renderings have been prepared for a thoughtfully designed four-unit project consisting of a three-unit primary building and a detached rear cottage. The proposed design leverages the existing two-family structure, significantly reducing construction costs and development risk while maximizing density and end value. A compelling opportunity for developers seeking a plan-ready, transit-oriented project in a high-demand Somerville location.

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Property Overview

Property Type
Residential
Listing Type
Land

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 0.11 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric On-site
Water Public
Sewer Public Sewer
Gas On-site
Other None

Financial

Annual Tax $9
Assessed Value $9

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface: Paved

Parking & Garage

Parking Features:

Location

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Neighborhood

1-3 Woodbine Street, Somerville MA 02143

Somerville, MA 02143

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jan 12, 2026
$1,599,999
Original listing
Agent: Daniel Alper Office: Boston Realty Advisors

Price & Status History

Date Event Price Change
Jan 12, 2026 New Listing Added $1,599,999

Market Statistics

Days on Market
40 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $9 $9

Financial Details

Annual Property Tax
$9
Tax Year 2025
Assessed Value
$9

Listing Information

Listing Agent Daniel Alper
Listing Office Boston Realty Advisors
Agent MLS ID CN254381
Office MLS ID AN8461
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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1-3 Woodbine Street, Somerville MA 02143 - Photo 1 1-3 Woodbine Street, Somerville MA 02143 - Photo 2 1-3 Woodbine Street, Somerville MA 02143 - Photo 3 1-3 Woodbine Street, Somerville MA 02143 - Photo 4 1-3 Woodbine Street, Somerville MA 02143 - Photo 5 1-3 Woodbine Street, Somerville MA 02143 - Photo 6
Steven Novak

Steven Novak

BMN Boston Real Estate

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