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$3,190,000
21 Days Online

1006 Broadway
Somerville, MA 02144

For Sale|Multi-Family|Active
County:
Middlesex

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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Attention developers, builders and landlords, amazing By-Right 6 units condo or apartment development opportunity in primary Somerville location 2 blocks from Tufts University, 0.4 miles from Davis Square. The current lot of 9,284 SQFT has been approved to be split to 3 lots. 4 condos and 2 duplexes. 6 surface parking spaces. Designed by renowned architect Peter Quinn, total buildout allows for about 14,000 SQFT, total sellout projected to up to $10M. No Affordable units required. If you desire to keep the current building, you will have total 12 bedrooms, 5 full baths in a multi-family with about 4,500 SQFT, two car garage, two driveways, 4 more parking, and high ceiling in unfinished basement. A cash cow for rental in the hottest area of Somerville. Condo conversion permit in hand, lot split approved, HPC green lighted the demolition of the current building, building permit well underway. All architectural and structural plans and docs will be transferred to new owner, don't miss it

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Listing Snapshot
Price 
$3,190,000
Days Online 
21 Days
Bedrooms 
25
Inside Area (SqFt) 
14,000 sqft
Total Baths 
22
Full Baths 
18
Partial Baths 
4
Lot Size 
0.21 Acres
Year Built 
2023
MLS Number 
73156089
Status 
Active
Property Tax 
$15,334
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
3 weeks agoListing first seen online
General Features
Parking 
Paved Drive
Parking Spaces 
6
Sewer 
Public Sewer
Number of Stories 
14
Acreage 
0.21
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
0
Foundation 
Concrete Perimeter
Zoning 
NR
Buyer Agent Compensation 
2.5%
Facilitator Compensation 
0%
Compensation Based On 
Net Sale Price
Sub-Agency Relationship Offered 
No
Garage 
0
Parking Features 
Paved Drive
Interior Features
Fireplaces 
0
Fireplace 
No
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Exterior Features
View 
City View(s)
Spa 
No
Waterfront Property 
No
Lot 
Corner LotWoodedLevel
Lot Features 
Corner LotWoodedLevel
Community Features
Senior Community 
No
Adult Care Community 
No
Listing courtesy of Derek Greene of The Greene Realty Group



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2023-09-28 05:10 AM UTC
Neighborhood & Commute
Source: Walkscore
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