176-182 Broadway, Somerville MA 02145 – bed 0 bath For Sale – 73287760
Overview
- Updated On:
- January 10, 2025
-
- 73287760
- 0 Bathrooms
Description
DEVELOPABLE 5 STORY MIXED USE PROJECT WITH UP TO 37 UNITS. Incl 2 parcels w/ over 11,000 sq ft of lnd, sold as a package. ZONED MR5. Potential 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 less. 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 | Active |
|---|---|
| Price | $ 3,999,900 |
| Living Area | |
| Bedrooms |
| Total Rooms | |
|---|---|
| Listing MLS ID | 73287760 |
| Days on Market | 117 |
| Bathrooms |
Unit Information
| Bedrooms | |
|---|---|
| Full Bathrooms | |
| Half Bathrooms | |
| Cooling | |
| Heating | |
| Uncovered Parking | |
| Garage Parking | |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | |
| Outdoor Space Available | |
| Living Area Includes Basement | |
| Patio And Porch Features | |
| Parking Features | |
| Waterview Features | |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials |
| Year Built | |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | |
| Roof |
Additional Details
| Community Features | Public Transportation,Highway Access,T-Station,University |
|---|---|
| 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 | 2025-01-10T08:05:00.000Z |
| Building Area Source | |
| 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 | |
| Year Built Source | |
| Zoning | MR5 |
| Listing Agent | the steve bremis team |
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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.
176-182 Broadway, Somerville MA 02145 – bed 0 bath For Sale – 73287760
$ 3,999,900
Status: Active
176-182 Broadway, Somerville MA 02145, Somerville, , Middlesex 02145
Country: US
Property Overview
MLS #: 73287760
Type: Residential /
Action: Land
Year Built: (, Source: , Effective: )
Living Area: (Total: Square Feet, Source: )
Lot Size: 0.27 ft2 (Area: 0.27 Acres, SqFt: 11778)
Total Rooms:
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: (Main Level: )
Bathrooms: Total: 0 (Full: , Half: , Decimal: , Main Level: )
Basement:
Fireplaces: ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: (Area: )
Roof:
Stories: ()
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: On-Site (Expense: )
Gas: On-Site
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces:
Covered Spaces:
Parking Total:
Parking Features:
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features: Level
View: (, Waterview Y/N: )
Waterfront:
Road Frontage: City Street ()
Road Surface: Paved
Road Responsibility: Public Maintained Road
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Highway Access,T-Station,University
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 5 STORY MIXED USE PROJECT WITH UP TO 37 UNITS. Incl 2 parcels w/ over 11,000 sq ft of lnd, sold as a package. ZONED MR5. Potential 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 less. 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:
Units Owner Occupied:
Unit 1: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 2: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
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:
Tenant Pays:
Rent Includes:
Total Actual Rent:
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:
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: (Incl. Base: , 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: 1551888
Modification Timestamp: 2025-01-10T08:05:00.000Z
Bridge Modification Timestamp: 2025-01-10T08:06:23.851Z
Original Entry Timestamp: 2024-09-10T16:05:00.000Z
Status Change Timestamp: 2025-01-06T22:35:00.000Z
Off Market Date:
Development Status:
Business Type:
