176-182 Broadway, Somerville MA 02145

Somerville, MA 02145
$3,999,900
$2,999,900
Est. $16,334/month
99
Beds
148.5
Baths
0.27
Acres
1967
Year Built
20
Parking
19
Days on Market
Pending Price Drop -$1,000,000 Listed Oct 14, 2025 • MLS# 73443438 Copied! • Updated Jan 20, 2026

About this home

DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. SELLER WILL NOT WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS. 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. 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!

BMN Estimate

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Oct 14, 2025
$2,999,900
Original listing
Agent: The Steve Bremis Team Office: Steve Bremis Realty Group

Tax History

Year Taxes Assessment
2022 $11,579 $1,772,400

Financial Details

Annual Property Tax
$11,579
Tax Year 2022
Assessed Value
$1,772,400

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1967
Living Area 0.00
Lot Size 0.27 acres
Bedrooms 99
Full Baths 99
Half Baths 99
Total Rooms 99

Investment Metrics

Units 5
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Frame, Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 20
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,579
Assessed Value $1,772,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Both Properties Vacant. Seller Does Not Warrant Operability Of Any Utilities. Zoned Mr5. Broker Does Not Assume Accuracy For Any Information Expressed Herein. Buyers Need To Do Their Own Due Diligence. Buyer Is Responsible For Any And All Costs Associated With Obtaining Approvals.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Sq Ft Disclosures Living area is NOT accurate
Documents None
County Middlesex
Total market time (incl. prior listings) 21 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1967
Bedrooms
99
Full Bathrooms
99
Half Bathrooms
99
Living Area
0 sq ft
Total Rooms
99
Stories
5
Levels
5

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1967
Structure Type:
Exterior Materials: Frame, Brick
Roof:
Foundation: Stone
Stories: 5

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:
Road Surface:

Parking & Garage

Total Parking Spaces: 20
Parking Features: Paved Drive, Off Street

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 $965
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.

Location

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Neighborhood

176-182 Broadway, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Agent The Steve Bremis Team
Listing Office Steve Bremis Realty Group
Office Phone 617-828-1070
Agent MLS ID TM311803
Office MLS ID AN5028
Listing Data Updated Jan 20, 2026 11:01 AM EST
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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Steve Novak Real Estate
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