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297 Medford St, Somerville MA 02143

$4,999,900

Estimated $31,793.87/month Calculator

Land

Residential

14,526 SqFt (0.33 acres)

297 Medford Street, Somerville, MA: Prime land for sale with significant development potential. This strategically located property boasts a spacious lot, offering development for 33 units by right. It presents an ideal opportunity for investors and developers seeking to capitalize on the vibrant Somerville real estate market. Proximity to Gilman Square, shopping easy access to Boston and the thriving community enhances its appeal. Explore the potential of this well-situated parcel for a lucrative and impactful development.

This home has been viewed 73 times

Last Checked: May 3rd, 2025 at 4:19am (Source: MLS PIN #73198957)

General Information for 297 Medford St, Somerville MA 02143

Listing ID73198957

Price$4,999,900

Land TypeResidential

Approx AcresApprox. 0.33 acres (14,526 SqFt)

Number of Lots

Approximate Street Frontage

Road Frontage Type

ZoningBA

ElectricOn-site

GasOther (See Remarks)

WaterPublic

SewerPublic Sewer

Cultivation AcresNone

Pasture AcresNone

Timber AcresNone

PERC Test

PERC Test DateUnknown

AssociationNo

Association Required

Association Fee$0

Lot FeaturesCorner Lot

WaterfrontNo

Waterfront Features

View

Disclosures for 297 Medford St, Somerville MA 02143

DEQE/DEP#

Senior CommunityNo

Disclosures

Special Listing Conditions

For Sale By OwnerNo

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Financial Information for 297 Medford St, Somerville MA 02143

AssociationNo

Association Fee$0

Tax$11,833

Tax Year2023

Assessed Value$682,000

Contact Information for 297 Medford St, Somerville MA 02143

Agent

Name: Mike Cohen

Office

Name: Compass

Phone: 617-303-0067

Payment Calculator

, Interest

Property Taxes 986.08

Principal & Interest 30807.79

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Mike Cohen

Agent Phone

Office Phone

(617) 303-0067

Text Agent Call Agent Call Office

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EXIT