176-182 Broadway
$3,999,900
99
99
99
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Description
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...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!
- Listed by The Steve Bremis Team • Steve Bremis Realty Group
- Listed by Stephen Bremis • Steve Bremis Realty Group
Property Details for 176-182 Broadway
Town
Somerville
AreaMA-Somerville
Garage Spaces0
Parking Spaces20.00
Parking Spaces Total20
LISTING UPDATED: 12/08/2024 03:09 AM
Property Details for 176-182 Broadway
Status | Active |
---|---|
MLS # | 73287759 |
Days on Market | 107 |
Taxes | $11,579 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Up/Down |
Year Built | 1967 |
County | Middlesex County |
Building Information for 176-182 Broadway
Stories5Residences5Year Built1967Building Size-Lot Size0.27 AC / 11,778 SF
Property Information for 176-182 Broadway
Property History for 176-182 Broadway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 176-182 Broadway
This home is within Somerville School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
E Somerville Community PublicPK to 8 | ||
Next Wave Junior High School Public7 to 8 | ||
Somerville High School Public9 to 12 | ||
Full Circle High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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