Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Withdrawn

17 Clyde St, Somerville MA 02145

$1,695,000

Estimated $3,334/month Calculator

Multi Family

Total Units:

Price Per Unit: $1,695,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

Total Parking: 8

7,840 (0.18)

Investors, builders, and developers take notice! Amazing opportunity to develop (2) 3 family properties in a bustling area of Somerville. Property is currently a single-family residence with 8-car garage on a lot that sits in NR Zoning which along with MBTA Communities Law allows for subdivision and “by right” 3-unit build! Great area very close to Magoun Square T station and Maxwell’s Green. Property is ~equidistant to Davis, Ball, and Porter Squares. Highly sought-after neighborhood and minutes to Boston. This transaction is subject to a 24-Month Sale/Leaseback agreement for resident as well as the City of Somerville's Historic Preservation Commission's 18-month moratorium on demolition. Currently, one side of the lot allows for immediate subdivision and development. Sale/Leaseback provides buyer with income during the permitting process, a win-win for all. Buyer and/or buyer's agents/representatives to do their own full due diligence. Don’t miss this opportunity!

This home has been viewed 77 times

Last Checked: October 7th, 2024 at 4:10pm (Source: MLS PIN #73227505)

Gross Income: $0

Gross Expenses: $7,030

Net Income Calc: $7,030

Annual Expenses for 17 Clyde St, Somerville MA 02145

Total Gross Expenses (Calculated)$7,030/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7030

Annual Income & Unit Breakdown for 17 Clyde St, Somerville MA 02145

Total Gross Income (Calculated)$0

General Information for 17 Clyde St, Somerville MA 02145

Listing ID73227505

Property TypeMulti Family / 5+ Family

Price1695000

Style

CitySomerville

CountyMiddlesex

MLS AreaMagoun Square

Neighborhood(s)

Approximate Living Area Total0

Approximate Lot Size (Acres)0.18

Total Parking8

Year Built1886

Water

Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningNR

Zoning DetailsOther (See Remarks)

Water Views

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 17 Clyde St, Somerville MA 02145

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

ExclusionsWasher

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)Lender Owned

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based On

Financial Information for 17 Clyde St, Somerville MA 02145

Real Estate Taxes7030

Tax Year2023

Assessed Value$0

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 17 Clyde St, Somerville MA 02145

Neighborhood(s)

MLS AreaMagoun Square

Area AmenitiesWalk/jog Trails

Contact Information for 17 Clyde St, Somerville MA 02145

Agent

Name: Piantidosi Group

Office

Name: Coldwell Banker Realty - Andover

Phone: 978-475-2201

Payment Calculator

, Interest

Property Taxes 585.83

Principal & Interest 10444.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Andover

Piantidosi Group

Agent Phone

Office Phone

(978) 475-2201

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.18 acres (7,840 SqFt)
    [add_date] => 2024-04-27 16:22:38
    [address] => Clyde St
    [agent] => Array
        (
            [address] => 
            [city] => 
            [id] => TM336881
            [name] => Piantidosi Group
            [national_association] => 
            [office] => AN8827
            [state] => 
            [zip] => 
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 0
    [approx_lot_size_acres] => 0.18
    [approx_lot_size_sqft] => 7840
    [assessed_value] => $0
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
            [0] => Landscaping
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
            [0] => Beach Rights
        )

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 5+ Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Somerville
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
            [0] => Split
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Investors, builders, and developers take notice! Amazing opportunity to develop (2) 3 family properties in a bustling area of Somerville. Property is currently a single-family residence with 8-car garage on a lot that sits in NR Zoning which along with MBTA Communities Law allows for subdivision and “by right” 3-unit build! Great area very close to Magoun Square T station and Maxwell’s Green. Property is ~equidistant to Davis, Ball, and Porter Squares.  Highly sought-after neighborhood and minutes to Boston. This transaction is subject to a 24-Month Sale/Leaseback agreement for resident as well as the City of Somerville's Historic Preservation Commission's 18-month moratorium on demolition. Currently, one side of the lot allows for immediate subdivision and development. Sale/Leaseback provides buyer with income during the permitting process, a win-win for all. Buyer and/or buyer's agents/representatives to do their own full due diligence. Don’t miss this opportunity!
    [disclosures] => 
    [documents_available] => Array
        (
            [0] => Perc Test
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Washer
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 1
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
            [0] => Estimated
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
            [0] => River
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-10-07 16:10:48
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => Magoun Square
    [mls_id] => 73227505
    [neighborhoods] => 
    [net_income_calc] => -7030
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 
    [office] => Array
        (
            [id] => AN6188
            [name] => Coldwell Banker Realty - Andover
            [phone] => 978-475-2201
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Not Allowed
        )

[phone] => 
    [pool_features] => Array
        (
            [0] => Association
        )

[price] => 1695000
    [price_per_sqft] => 0
    [price_per_unit] => 1695000
    [private_pool] => 
    [property_sub_type] => Array
        (
        )

[real_estate_tax] => 7030
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 0
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
            [0] => Lender Owned
        )

[special_listing_conditions] => Array
        (
            [0] => Lender Owned
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Withdrawn
        )

[street_number] => 17
    [structure_type] => Array
        (
        )

[style] => Array
        (
            [0] => Colonial
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 1
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 7030
    [total_gross_income] => 0
    [total_parking] => 8
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 
    [unit_1_floor] => 
    [unit_1_lease] => Array
        (
        )

[unit_1_levels] => 
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 
    [unit_2_floor] => 
    [unit_2_lease] => Array
        (
        )

[unit_2_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 17 Clyde St, Somerville MA 02145
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
            [0] => Bay
        )

[waterfront] => 
    [waterfront_features] => Array
        (
            [0] => River
        )

[year_built] => 1886
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 02145
    [zips] => 
    [zoning] => NR
    [zoning_details] => Other (See Remarks)
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/315929/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=6
            [6] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=7
            [7] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=8
            [8] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=9
            [9] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=10
            [10] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=11
            [11] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=12
            [12] => https://media.mlspin.com/photo.aspx?mls=73227505&w=1024&h=768&n=13
        )

[raw] => 
)

EXIT

11 More Photos