Welcome Home

1006 BroadwaySomerville, MA 02144Price: $3,190,000

  • Price: $3,190,000
  • Est. Mortgage of $/month
  • 170 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,190,000List Price
  • 0.21Acreage

Listing Tools

Attention developers, builders and landlords, amazing By-Right 6 units condo or apartment development opportunity in primary Somerville location 2 blocks from Tufts University, 0.4 miles from Davis Square. The current lot of 9,284 SQFT has been approved to be split to 3 lots. 4 condos and two side by side duplexes. 6 surface parking spaces. Designed by renowned architect Peter Quinn, total buildout allows for about 14,000 SQFT, total sellout projected to up to $10M. No Affordable units required. If you desire to keep the current building, you will have total 12 bedrooms, 5 full baths in a multi-family with about 4,500 SQFT, two car garage, two driveways, 4 more parking, and high ceiling in unfinished basement. A cash cow for rental in the hottest area of Somerville. Condo conversion permit in hand, lot split approved, HPC green lighted the demolition of the current building, building permit well underway. All architectural and structural plans and docs will be transferred to the buyer.

Property Details of 1006 Broadway

Exterior Features

Map Location

Driving Directions

Listed by Derek Greene of The Greene Realty Group

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: