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366 Broadway Somerville , MA 02145
$45,000
You save 1% of the purchase
35 bed | 70 bath | 7,160sqft | $16,752 est. monthly cost
$4,500,000
List Price
Home Information
18 Rooms
35 Bedrooms
70 Bathrooms
18 Parking
Somerville Winter Hill Rare Offering of a by right 35 unit residential development project. Currently used as a medical offices by FOUR tenants and has potential to be divided into EIGHT units. Located in a neighborhood business district please see new zoning for MR4 zone for possibility of developing into 35 residential units.property has potential for a variety of uses. Tenants and their clients enter directly off Broadway through a nicely tended landscape and foyer, and have direct access out the rear door to a large parking lot located directly behind the building. One of the units is currently vacant and was recently occupied by a large, successful dental practice that is relocating late this year. Buyer must do own due diligence. Seller makes no representations but believes that a 35 unit residential Development can be built at this site. Please do your own due diligence on the Development prospect of this amazing property. Please see analysis attached here. 1 unit vacant.
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Property type
Multi-family
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# of Bedrooms
35
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# of Bathrooms
70
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# Number of Units
35
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Year Built
1975
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Size
7,160
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Lot Size
13,495
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HOA
None
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Basement
No
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Heating
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Total Parking
18
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Roof Material
Unavailable
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Flooring