$1,390,000 ($131.92 per sqft)

Est. Mortgage $6,757/mo *

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7 Washington St, Somerville, (East Somerville), MA, 02143

7 Washington St, Somerville, (East Somerville), MA, 02143
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17 beds

12 Full baths

1900

10,537 sqft

Investors, builders, & developers take notice on 7 Washington St! There is not a better opportunity to purchase and develop in a bustling area of Somerville! The property is currently a tenanted single-family on an MR-4 zoned lot allowing for 4 story development BY RIGHT. Whether condominiums, multi-family, or income investment this location is prime and ready to go. Highly accessible to all transportation, less than .4 miles to the green line extension, minutes to Sullivan Sq, Union Sq, & Rt 93. Only 2 miles to Boston’s North End and just 1 mile to Assembly Row and Encore Casino, endless dining and city life is right around the corner! Seller currently has ZBA Approved Plans for up to 10 Units that can be progressed or amended if buyer so desires, however the opportunities are abundant so bring your creativity. Perfect scenario to come collect rent as you plan your next move! Buyer and/or buyer's agents/representatives to do their own due diligence. Don’t miss this opportunity!

Status:

Active

Town:

Somerville

Type:

Multi-family

Units:

10

Zoning:

RC

Levels:

4

Acreage:

0.07

Est. Taxes:

$8,399

Assessment

$798,400

Lot Description:

Level

MLS #:

73340637

Facilitator Compensation:

2%

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Piantidosi Group, Coldwell Banker Realty - Andovers/Readings Regional Phone: 978-475-2201