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176-182 Broadway, Somerville MA 02145 – 99 bed 198 bath For Sale – 73287759

$ 3,999,900
176-182 Broadway, Somerville MA 02145,

Overview

  • Updated On:
  • January 6, 2025
  • listingid
  • 73287759
  • 99 Bedrooms
  • 148.5 Bathrooms
  • 0 Garage Spaces
  • 20 Non-Garage Parking Spaces
  • 1967

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 Listing Details

Overview

MLS Status
Price $ 3,999,900
Living Area
Bedrooms 99
Total Rooms 99
Listing MLS ID 73287759
Days on Market 117
Bathrooms 148.5

Unit Information

Bedrooms 99
Full Bathrooms 99
Half Bathrooms 99
Cooling
Heating
Uncovered Parking 20
Garage Parking 0
Water View
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement
Patio And Porch Features
Parking Features Paved Drive,Off Street
Waterview Features
Flooring

Building Information

Building Name
Units in Building 5
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame,Brick
Year Built 1967
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof

Additional Details

Community Features Public Transportation,Shopping,Highway Access,House of Worship,Public School,T-Station
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.
Last Updated 2025-01-06T08:05:00.000Z
Building Area Source Other
MLS PIN Page
Parcel Number
Original List Price 4599900
Listing Office steve bremis realty group
Tax Annual Amount 11579
Tax Assessed Value 1772400
Tax Book Number 1449
Tax Year 2022
Year Built Details Approximate
Year Built Source Public Records
Zoning MR5
Listing Agent the steve bremis team

Property Address

Address: 176-182 Broadway, Somerville MA 02145
State/County:
Zip: 02145
Country: United States

Amenities and Features

Other Features
Open Parking

Payment Calculator

$ 22,918.38
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 19,185.14

Map

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176-182 Broadway, Somerville MA 02145 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

176-182 Broadway, Somerville MA 02145 – 99 bed 198 bath For Sale – 73287759

$ 3,999,900

Status:

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

Country: United States

Property Overview

MLS #: 73287759

Type: /

Action:

Year Built: 1967 (Approximate, Source: Public Records, Effective: )

Living Area: (Total: 0 Square Feet, Source: Other)

Lot Size: 0.27 ft2 (Area: 0.27 Acres, SqFt: 11778)

Total Rooms: 99

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 99 (Main Level: )

Bathrooms: Total: 148.5 (Full: 99, Half: 99, Decimal: 148.5, Main Level: )

Basement:

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame,Brick

Foundation: Stone (Area: )

Roof:

Stories: 5 ()

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 20

Parking Features: Paved Drive,Off Street

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features:

View: (, Waterview Y/N: )

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Highway Access,House of Worship,Public School,T-Station

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: MR5 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

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!

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 5

Units Owner Occupied:

Unit 1: Beds: 0, Full Baths: 0, Half Baths: 0, Levels: 0, Rent: 0, Lease: N

Unit 2: Beds: 0, Full Baths: 0, Half Baths: 0, Levels: 0, Rent: 0, Lease: N

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 11579 (Year: 2022)

Tax Assessed Value: 1772400

Tax Block/Lot/Book/Map: / / 1449 /

Parcel Number:

Special Licenses:

Current Financing:

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes:

Total Actual Rent: 0

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: (MLS ID: TM311803) / Team: B0446085,TM311803

Listing Office: (MLS ID: AN5028)

Agent (Property):

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2024-09-10

Expiration Date: 1900-01-01

Original List Price: 4599900

Price Per SqFt (List):

Market Time (Property): 218 (Broker: 117, Prev Broker: , Prev Property: 101)

MLS Status: Active

Possession:

Directions: On Broadway from Assembly Sq/ Sullivan Sq towards Winter Hill...property is on the left before McGra

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., N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: Living area is NOT accurate (Incl. Base: No, Other: )

Master Book/Page: / (Page: 95)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 1543417

Modification Timestamp: 2025-01-06T08:05:00.000Z

Bridge Modification Timestamp: 2025-01-06T08:15:24.883Z

Original Entry Timestamp: 2024-09-10T16:02:00.000Z

Status Change Timestamp: 2025-01-02T20:13:00.000Z

Off Market Date:

Development Status:

Business Type:

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