Robb Cohen Team | Engel & Völkers | Boston
EV


Somerville
$2,000,000

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.

RC

Balcony

Public Transportation
Shopping
Tennis Court
Park
Walk/Jog Trails
Medical Facility
Laundromat
Highway Access
House of Worship
Public School
T-Station

Directions
Corner of Washington and Franklin

http://www.robbcohen.com/Search.cfm/MLS/72337112/Details
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46 Gloucester Street | Boston, MA 02115

617.962.0142

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