Description
Calling all investors & developers; Prime Somerville investment opportunity in this transit-oriented location. The top floor was renovated in 21', while the vacated unit was just refreshed and ready to fetch market rent. The building was extensively rehabbed 20 years ago including plumbing, electrical, insulation, siding roof, etc. This property sits within an MR-4 zoning overlay, allowing for Mixed-Use development, up to 4 stories, by right. This 2-family, sits across the street from the East Somerville GLX; couple that with Sullivan Sq, and it offers swift access to the City of Boston, making it an attractive add to your portfolio . Residents enjoy the convenience of the Community Bike Path; with easy access to several neighborhoods including Union Sq, Charlestown & Cambridge Crossing. Entertainment galore with Assembly Row & Encore Casino at your fingertips. With the flourishing life science activity, leverage the dynamic growth of Somerville & Cambridge. Ask agent for plans.
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6BEDS
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0.07ACRES
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3BATHS
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01/2 BATHS
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2,016SQFT
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$694$/SQFT
School Ratings & Info
Description
Calling all investors & developers; Prime Somerville investment opportunity in this transit-oriented location. The top floor was renovated in 21', while the vacated unit was just refreshed and ready to fetch market rent. The building was extensively rehabbed 20 years ago including plumbing, electrical, insulation, siding roof, etc. This property sits within an MR-4 zoning overlay, allowing for Mixed-Use development, up to 4 stories, by right. This 2-family, sits across the street from the East Somerville GLX; couple that with Sullivan Sq, and it offers swift access to the City of Boston, making it an attractive add to your portfolio . Residents enjoy the convenience of the Community Bike Path; with easy access to several neighborhoods including Union Sq, Charlestown & Cambridge Crossing. Entertainment galore with Assembly Row & Encore Casino at your fingertips. With the flourishing life science activity, leverage the dynamic growth of Somerville & Cambridge. Ask agent for plans.
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