Active
1006 Broadway
Somerville MA, 02144
$3,190,000
$227.86 per sqft
Active
25 Beds
20 Baths
14,000 sqft
Multi-family
Built in 2023
Attention developers, builders and landlords, amazing By-Right 6 units condo or apartment development opportunity in primary Somerville location 2 blocks from Tufts University, 0.4 miles from Davis Square. The current lot of 9,284 SQFT has been approved to be split to 3 lots. 4 condos and 2 duplexes. 6 surface parking spaces. Designed by renowned architect Peter Quinn, total buildout allows for about 14,000 SQFT, total sellout projected to up to $10M. No Affordable units required. If you desire to keep the current building, you will have total 12 bedrooms, 5 full baths in a multi-family with about 4,500 SQFT, two car garage, two driveways, 4 more parking, and high ceiling in unfinished basement. A cash cow for rental in the hottest area of Somerville. Condo conversion permit in hand, lot split approved, HPC green lighted the demolition of the current building, building permit well underway. All architectural and structural plans and docs will be transferred to new owner, don't miss it
73156089
MLSⓇ ID
September 6, 2023
Listed
March 25, 2024
Updated
Map
1006 Broadway
Somerville MA, 02144
Interior Features
Total Stories
14
Bedrooms
25
Total Bathrooms
20
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.21 Acres
Lot Features
Corner Lot, Wooded, Level
Sewer
Public Sewer
Other Property Details
Taxes
$15,334
Tax Frequency
Annually
Garage
No
Parking
Paved Drive
Parking Total
6
View
Yes
View Description
City View(s)
County
Middlesex
Water Source
Public
Pool
No
Zoning
NR
Buyer Agency Compensation
2.5%
Courtesy of Derek Greene,
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Data last updated 7:07 PM UTC, 3/25/2024
