176-182 Broadway, Somerville, MA, 02145
99 rooms
99 beds
99 Full / 99 Half baths
1967
0 sqft
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!
Status:
Active
Type:
Multi-family
Units:
5
Zoning:
MR5
Levels:
5
Parking:
20-car Paved Drive, Off Street
Acreage:
0.27
Est. Taxes:
$11,579
Assessment
$1,772,400
Construction
Frame, Brick
Amenities:
Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station
MLS #:
73242046
Buyer Agent Compensation:
2.125
Facilitator Compensation:
2.125
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
Community Info
School Info
Walk Score
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Listing courtesy of The Steve Bremis Team, Steve Bremis Realty Group