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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,
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Overview

  • Updated On:
  • December 15, 2024
  • listingid
  • 73287759
  • 99 Bedrooms
  • 148.5 Bathrooms
  • 0 Garage Spaces
  • 20 Total Parking
  • 1967
  • HOA Fee

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 Details

Property Id: 476606
Price: $ 3,999,900
Property Lot Size: 0.27 ft2
Rooms: 99
Bedrooms: 99
Bathrooms: 148.5
Full Bath: 99
Half Bath: 99
Total Bathrooms: 148.5
Disclosures: N
Last Updated: 2024-12-08T08:09:38.817Z
Building Area Source: Other
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Highway Access,House of Worship,Public School,T-Station
Construction Materials: Frame,Brick
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.
Expiration Date: 1900-01-01
Foundation Details: Stone
List Agent MlsId: TM311803
List Office MlsId: AN5028
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-09-10
Listing ID: 73287759
Lot Size: 0.27
Lot Size SqFt: 11778
Lot Size Units: Acres
Date Available: No
Lead Paint: Unknown
Lease 1: N
Lease 2: N
Listing Alert: No
Days in Market: 89
Total Days on Market: 190
Previous Days on Market: 101
MLS PIN Page: 95
Living Area Disclosure: Living area is NOT accurate
Living Area Includes Basement: No
Team Member: B0446085,TM311803
MLS Status: Active
Last Updated: 2024-12-08T08:05:00.000Z
Number Of Units: 5
Original List Date: 2024-09-10T16:02:00.000Z
Original List Price: 4599900
Parking Features: Paved Drive,Off Street
Total Parking: 20
Road Type: Public
Sewer: Public Sewer
State: MA
Status Change Time: 2024-12-04T23:14:00.000Z
Total Stories: 5
Tax Annua lAmount: 11579
Tax Assessed Value: 1772400
Tax Book Number: 1449
Tax Year: 2022
Water Source: Public
Year Built: 1967
Year Built Details: Approximate
Year Built Source: Public Records
Zoning: MR5

Payment Calculator

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

Amenities and Features

Other Features
Open Parking

Property Address

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

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

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