Robb Cohen Team | Engel & Völkers | Boston


MLS Number: 72337112    Create & Print PDF    |  Bookmark   |  Microsite  
Type: Multi-family
Area | County: Somerville 
Location: 103 Washington
Somerville , MA
Beds: 12  |  F. Baths: 6  |  H. Baths: 4
Built: 9999
Approx. SQFT: 8381.00
Acreage: 0.13
Parking: 6

Rare opportunity to develop a FULLY APPROVED 7 unit mixed use building a block away from the proposed Green Line extension. Comprised of Six two-bedroom 1/1.5 bath units, ranging from 993-1058 SqFt each, and one commercial space. Private decks, elevator building and direct access to 7 garage parking spaces will check all the boxes for future buyers. Highlights and current status of the development; Clean 21E (certificate of compliance filed), all utilities cut/capped with site ready for demo, and construction / civil drawings in hand which were completed by a high end and well-respected local architect. Ready to file for building permit and begin construction. Viable for both a quick build / condo with an expected sellout of 5.3+M, or hold as a rental building with strong potential CAP rate while the area continues to develop around the green line extension. The extension has a planned Washington St Stop, which is only a block away at the corner of Washington and Tufts.



Public Transportation
Tennis Court
Walk/Jog Trails
Medical Facility
Highway Access
House of Worship
Public School

Corner of Washington and Franklin
QR Code for this property

46 Gloucester Street | Boston, MA 02115