MA > Somerville
Somerville, MA 02145,176-182 Broadway
Somerville, MA 02145,176-182 Broadway
Somerville, MA 02145,176-182 Broadway
Somerville, MA 02145,176-182 Broadway
Somerville, MA 02145,176-182 Broadway
Somerville, MA 02145,176-182 Broadway
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Mike And Lee Mita

Mike And Lee Mita

+1(401) 632-7638
$ 3,999,900
Est. payment | /mo

99 Beds

148.5 Baths

0.27 Acres Lot

Save
$ 3,999,900
Est. payment | /mo
Save

99 Beds

148.5 Baths

0.27 Acres Lot

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73287759

Bedrooms 99

Full Baths 99

Half Baths 99

Year Built 1967

Annual Tax Amount $11,579

Tax Year 2022

Lot Size 0.270 Acres

Acres 0.27

Property 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!

Location

State MA

County Middlesex

Zoning MR5

Direction On Broadway from Assembly Sq/ Sullivan Sq towards Winter Hill...property is on the left before McGra

Exterior

Community Features Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station

Total Parking Spaces 20

Garage No

Building

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Steve Bremis Realty Group

GET MORE INFORMATION

agent
Mike And Lee Mita

Broker-Associate | Lic# REB.0016449

+1(401) 632-7638

140 Point Judith Rd #23 Narragansett, RI, 02882

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176-182 Broadway