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32-40 White Street, Somerville MA 02144

Somerville, MA 02144
$3,450,000
Est. $19,961/month
0.19
Acres
Residential
Type
54
Days on Market
Pending Price Drop -$450,000 Listed Jan 29, 2025 • MLS# 73330378 Copied!

About this home

Fortune RE is pleased to offer 32-40 White Street - an opportunity to acquire an 8,315 square foot MR4-zoned development site located in the heart of Porter Square. This site comprises two adjacent parcels within Somerville’s ¼ transit zone, situated next to the Porter Square Galleria Mall and just 400 feet from the Porter Square MBTA Station. Currently, the site includes a single-story commercial building and a single-family home. 32-40 White Street represents a unique opportunity to acquire one of the few preeminent development sites in this prime transit-oriented location.

Property Overview

Property Type
Residential
Listing Type
Land

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 0.19 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 On-site
Sewer On-site
Gas On-site
Other None

Financial

Annual Tax $27,797
Assessed Value $1,922,400

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: On-Site
Sewer: On-Site
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

32-40 White Street, Somerville MA 02144

Somerville, MA 02144

Walkability

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Schools

School information not available

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 $2,316
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 29, 2025
$3,450,000
Original listing

Price & Status History

Date Event Price Change
Jan 29, 2025 New Listing Added $3,450,000 —

Market Statistics

Days on Market
54 days
Price per Sq Ft
$—
Total Price Drop
-$450,000

Tax History

Year Taxes Assessment
2025 $27,797 $1,922,400

Financial Details

Annual Property Tax
$27,797
Tax Year 2025
Assessed Value
$1,922,400

Listing Information

Listing Agent Julian Lewis
Listing Office Fortune RE
Agent MLS ID CN233739
Office MLS ID AN5321
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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32-40 White Street, Somerville MA 02144 - Photo 1 32-40 White Street, Somerville MA 02144 - Photo 2 32-40 White Street, Somerville MA 02144 - Photo 3 32-40 White Street, Somerville MA 02144 - Photo 4

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