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60-62 Line St, Somerville MA 02143 – 6 bed 3 bath For Sale – 73300850

$ 2,750,000
60-62 Line St, Somerville MA 02143,

Overview

  • Updated On:
  • March 3, 2025
  • listingid
  • 73300850
  • 6 Bedrooms
  • 3 Bathrooms
  • 0 Garage Spaces
  • 5 Non-Garage Parking Spaces
  • 1900

Description

3 Family with significant development potential near Harvard. 60-62 Line Street is just blocks to Harvard Square, CHA Cambridge Hospital, Union Square, and Inman Square. With a large 9,000+ sq ft lot, there is potential to develop 6+ units with 6 parking spots on the property. Feasibility study is available upon request. The lot currently contains a 3-family property with 6 beds and 3 baths and has over 3,000 sq ft of living area. The first floor unit has a tenant at will. The second and third floor units are vacant. Extremely unique opportunity for both developers or primary buyers looking to build their dream home with or without rental income. Located on a quiet one-way street but just minutes to cafes, shops, restaurants and public transportation. Opportunities like this do not come along often. Buyers to do their own due diligence regarding any development opportunities.

This property is listed by Sage Jankowitz from RE/MAX Destiny

Property Listing Details

Overview

MLS Status
Price $ 2,750,000
Living Area 3,027.00 ft2
Bedrooms 6
Total Rooms 14
Listing MLS ID 73300850
Days on Market 61
Bathrooms 3

Unit Information

Bedrooms 6
Full Bathrooms 3
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 5
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 Off Street
Waterview Features
Flooring Wood

Building Information

Building Name
Units in Building 3
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials
Year Built 1900
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof Rubber

Additional Details

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Highway Access,House of Worship,Private School,Public School,T-Station,University
Disclosures Rear roof gutter downspout is subject to clogging with leaves and should be replaced with a larger downspout.
Last Updated 2025-03-03T13:42:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:66 B:D L:19
Original List Price 2750000
Listing Office re/max real estate center
Tax Annual Amount 16245
Tax Assessed Value 1544200
Tax Book Number 9999
Tax Year 2024
Year Built Details Approximate
Year Built Source Public Records
Zoning RB
Listing Agent sage jankowitz

Property Address

Address: 60-62 Line St, Somerville MA 02143
State/County:
Zip: 02143
Country: US

Payment Calculator

$ 15,756.78
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 13,190.11

Map

Transport
Supermarkets
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Restaurants
Pharmacies
Hospitals

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60-62 Line St, Somerville MA 02143 | © 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

60-62 Line St, Somerville MA 02143 – 6 bed 3 bath For Sale – 73300850

$ 2,750,000

Status:

60-62 Line St, Somerville MA 02143, , , 02143

Country: US

Property Overview

MLS #: 73300850

Type: /

Action:

Year Built: 1900 (Approximate, Source: Public Records, Effective: )

Living Area: 3,027.00 ft2 (Total: 3027 Square Feet, Source: Public Records)

Lot Size: 0.21 ft2 (Area: 0.21 Acres, SqFt: 9018)

Total Rooms: 14

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 6 (Main Level: )

Bathrooms: Total: 3 (Full: 3, Half: 0, Decimal: 3, Main Level: )

Basement:

Fireplaces: 0 ()

Flooring: Wood

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: Stone (Area: )

Roof: Rubber

Stories: 6 (6)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Gas Range

Electric: Circuit Breakers (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: 5

Parking Features: Off Street

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Wooded,Level

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,Park,Walk/Jog Trails,Medical Facility,Highway Access,House of Worship,Private School,Public School,T-Station,University

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: RB ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

3 Family with significant development potential near Harvard. 60-62 Line Street is just blocks to Harvard Square, CHA Cambridge Hospital, Union Square, and Inman Square. With a large 9,000+ sq ft lot, there is potential to develop 6+ units with 6 parking spots on the property. Feasibility study is available upon request. The lot currently contains a 3-family property with 6 beds and 3 baths and has over 3,000 sq ft of living area. The first floor unit has a tenant at will. The second and third floor units are vacant. Extremely unique opportunity for both developers or primary buyers looking to build their dream home with or without rental income. Located on a quiet one-way street but just minutes to cafes, shops, restaurants and public transportation. Opportunities like this do not come along often. Buyers to do their own due diligence regarding any development opportunities.

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: 3

Units Owner Occupied:

Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2100, Lease: N

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N

Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 0, Rent: 0, Lease: N

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

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 16245 (Year: 2024)

Tax Assessed Value: 1544200

Tax Block/Lot/Book/Map: / / 9999 /

Parcel Number: M:66 B:D L:19

Special Licenses:

Current Financing:

Gross Income: 25200 (Scheduled: )

Net Operating Income: 25200

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

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes:

Total Actual Rent: 2100

Lease Term: (Existing Type: )

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

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Sage Jankowitz (MLS ID: CN231626) / Team:

Listing Office: RE/MAX Destiny (MLS ID: AN8908)

Agent (Property):

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2024-10-10

Expiration Date: 1900-01-01

Original List Price: 2750000

Price Per SqFt (List): 908.49

Market Time (Property): 61 (Broker: 61, Prev Broker: 0, Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: Use GPS

Disclosures: Rear roof gutter downspout is subject to clogging with leaves and should be replaced with a larger downspout., 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: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 9999)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-03-17T04:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2024-12-10

Sold vs Rent:

System Information

Property ID: 482431

Modification Timestamp: 2025-03-03T13:42:00.000Z

Bridge Modification Timestamp: 2025-03-03T13:45:05.773Z

Original Entry Timestamp: 2024-10-10T15:21:00.000Z

Status Change Timestamp: 2024-12-11T02:24:00.000Z

Off Market Date: 2024-12-10

Development Status:

Business Type:

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