199 Elm Street, Somerville MA 02144

Somerville, MA 02144 • Davis Square
$1,900,000
Est. $10,113/month
0.08
Acres
Residential
Type
265
Days on Market
Pending Listed Sep 27, 2025 • MLS# 73208496

About this home

Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter Rail). A 21E was conducted by the current owner in 1997. See all documents attached to MLS for further information. Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.

Facts & Features

Property Overview

Property Type
Residential
Property Category
Land

Interior Features

Exterior & Structure

Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,601 sq ft
Lot Size Area
0.0800
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Utilities & Systems

Water Source
Public, On-Site
Sewer
Public Sewer, On-Site
Electric
On-Site
Electric on Property
Yes
Gas
On-Site

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$18,144
Tax Year
2024
Tax Assessed Value
$996,900
Parcel Number
750612
Zoning
MR4

Additional Details

Disclosures
Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.

Location

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Neighborhood

Davis Square

199 Elm Street, Somerville MA 02144

Somerville, MA 02144

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,512
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Mar 5, 2024
$1,900,000
Original listing
Agent: Anthony Bruno Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Mar 5, 2024 New Listing Added $1,900,000

Market Statistics

Days on Market
265 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2024 $18,144 $996,900

Financial Details

Annual Property Tax
$18,144
Tax Year 2024
Assessed Value
$996,900

Listing Information

Listing Agent Anthony Bruno
Listing Office Gibson Sotheby's International Realty
Agent MLS ID BB815843
Office MLS ID BB5918

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