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$ 16,500,000
Est. payment | /mo
44 Beds
40 Baths
26,718 SqFt
$ 16,500,000
Est. payment | /mo
44 Beds
40 Baths
26,718 SqFt
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 26,718 sqft
Price per Sqft $617
MLS Listing ID 73458059
Bedrooms 44
Full Baths 40
Annual Tax Amount $1
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
EXCLUSIVE OPPORTUNITY AT 13 WARWICK STREET: A newly built 28-unit rental property in Somerville's prime Spring Hill neighborhood—just 15 minutes from downtown Boston and close to Davis Square. Developed by SMT Development and Prominent Builders, who have completed 100+ projects in Somerville, the building offers condo-quality finishes and a unit mix of 10 studios, 2 one-bedrooms, 13 two-bedrooms, and 2 three-bedrooms, including 23 market-rate and 5 affordable units. Additional highlights include 11 garage parking spaces, a projected rent roll of $91,500 per month, and annual income potential of $1.1M. Located just a 5-minute walk to the Green Line T stop, the property will be delivered 100% complete with a certificate of occupancy expected in February 2026. CALL FOR OFFERS: December 15th. Construction plans are available in the MLS documents; financials are available upon request.
Location
State MA
County Middlesex
Area Spring Hill
Zoning 1
Direction Google Maps
Exterior
Garage Spaces 11.0
Total Parking Spaces 33
Garage Yes
Building
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Fortune RE
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449