741 Broadway, Somerville MA 02144

Somerville, MA 02144 • Ball Square
$1,400,000
Est. $7,451/month
4
Beds
5
Baths
6,129
Sq Ft
$228
Price/Sq Ft
0.09
Acres
1925
Year Built
4 Family
Type
76
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73177819

About this home

741 Broadway provides investors, users and business owners the opportunity to own a sizable mixed use property in Somerville's Ball Square neighborhood. Complemented by locally beloved retail and under 2 minutes to the brand new Ball Square Green Line Station, all within walking distance to Tufts University, Davis Square and Magoun Square, 741 Broadway is fantastically located with tremendous residential and business demand. 741 Broadway is a true mixed use property with two 2-bed units on the second and third floor, almost 3,000 SF of leased office/commercial space on the first floor with an additional 1,100 SF of finished space below grade in the basement to use or rent. The Commercial space includes lobby/sitting area, conference rooms, multiple offices and restrooms to lease. Please see floor plans in this listing for layout.741 Broadway is zoned MR4 which allows for Mixed Use or Residential use up to 4 stories typically at 90% lot coverage aside from potential setbacks.

Sale Statistics

Sale Overview
Original List Price: $1,600,000
Final Sale Price: $1,400,000
Difference: $200,000 (-12.5%)
Performance Metrics
87.5%
List to Sale Ratio
Sold below asking price
76
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $261
Sale $/sq ft: $228
This property sold for $228 per square foot
Sale Summary

This property sold for 12.5% below the original asking price.

The property spent 76 days on market before selling.

Facts & Features

Property Overview

Property Type
4 Family
Property Category
Residential Income
Year Built
1925
Bedrooms
4
Full Bathrooms
4
Half Bathrooms
2
Living Area
6,129 sq ft
Total Rooms
24
Stories
4
Levels
4

Interior Features

Heating
Other
Has Heating
Yes
Cooling
Other
Has Cooling
Yes
Has Fireplace
No
Appliances
Other
Interior Features
Other
Basement Details
Crawl Space, Finished, Partially Finished, Interior Entry, Bulkhead, Dirt Floor, Concrete, Slab, Unfinished

Exterior & Structure

Foundation
Concrete Perimeter, Block, Brick/Mortar
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,997 sq ft
Lot Size Area
0.0900
Lot Features
Other

Parking & Garage

Has Garage
No

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Other
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9
Tax Year
9
Tax Assessed Value
$9
Parcel Number
749702
Zoning
MR4

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since

Location

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Neighborhood

Ball Square

741 Broadway, 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
Homeowners Insurance $200
PMI $0

Property History

Market Insights

12.5%
Price Range
286
Total Days on Market

Property Timeline

Sold
Jan 22, 2024
$1,400,000
Property sold
Days on Market: 286
🏠
Listed for Sale
Nov 6, 2023
$1,600,000
Original listing
Agent: Daniel Alper

Price & Status History

Date Event Price Change
Nov 6, 2023 New Listing Added $1,600,000

Market Statistics

Days on Market
76 days
Price per Sq Ft
$228

Tax History

Year Taxes Assessment
9 $9 $9

Financial Details

Annual Property Tax
$9
Tax Year 9
Assessed Value
$9

Listing Information

Listing Agent Daniel Alper
Listing Office Boston Realty Advisors
Agent MLS ID CN254381
Office MLS ID NB9260

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