Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Canceled

11 Taylor Street, Somerville MA 02145

$2,850,000

Estimated $4,621/month Calculator

Multi Family

Total Units:

Price Per Unit: $2,850,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

30289

Total Parking: 20

13,636 (0.31)

**DEVELOPMENT OPPORTUNITY** By-Right 24 Unit condo or apartment Net Zero Ready development opportunity in the Urban Residential (UR) zoning district in Somerville. Fantastic location near the on-ramp to I93 less than 10 minutes to downtown Boston, close to Assembly Row and supermarkets, with the benefits of being on a quiet side-street. Existing houses have been demolished, utilities have been capped, and plot merger has been completed. Architecturals, MEP, civil plan, and traffic study has been completed. Structural plans being completed now. Ready for buyer to submit for building permit without any special permit needed. Alternatively, buyer could get a special permit for parking relief to do up to 34 units. Current plans call for 8 – one bedroom units, 9 – two bedroom units, 7 – three bedroom units, and includes 4 Affordable units (two in tier 1 and two in tier 2). Reach out for more details and plans.

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 4:22am (Source: MLS PIN #73143669)

Gross Income: $0

Gross Expenses: $0

Net Income Calc: $0

Annual Expenses for 11 Taylor Street, Somerville MA 02145

Total Gross Expenses (Calculated)$0/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax0

Annual Income & Unit Breakdown for 11 Taylor Street, Somerville MA 02145

Total Gross Income (Calculated)$0

General Information for 11 Taylor Street, Somerville MA 02145

Listing ID73143669

Property TypeMulti Family / 5+ Family

Price2850000

Style

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total30289

Approximate Lot Size (Acres)0.31

Total Parking20

Year Built2023

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningUR

Zoning DetailsLegal Conforming

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 11 Taylor Street, Somerville MA 02145

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.5%

Facilitator Compensation-

Compensation Based On

Financial Information for 11 Taylor Street, Somerville MA 02145

Real Estate Taxes0

Tax Year2023

Assessed Value$0

Financial Data Source

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 11 Taylor Street, Somerville MA 02145

Neighborhood(s)

Area Amenities

Contact Information for 11 Taylor Street, Somerville MA 02145

Agent

Name: Garrett Einis

Office

Name: Green Line Property Group

Phone: 617-894-6127

Payment Calculator

, Interest

Property Taxes 0

Principal & Interest 17560.79

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Green Line Property Group

Garrett Einis

Agent Phone

Office Phone

(617) 894-6127

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.31 acres (13,636 SqFt)
    [add_date] => 2024-05-07 04:22:09
    [address] => Taylor Street
    [agent] => Array
        (
            [address] => 240 Elm Street 2nd Floor
            [city] => Somerville
            [id] => CN222739
            [name] => Garrett Einis
            [national_association] => 449591199
            [office] => AN6816
            [state] => MA
            [zip] => 02144
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 30289
    [approx_lot_size_acres] => 0.31
    [approx_lot_size_sqft] => 13636
    [assessed_value] => $0
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

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

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

[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] => 1.5%
    [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
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

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

[cooperating_agent_commission] => Array
        (
        )

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

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => **DEVELOPMENT OPPORTUNITY** By-Right 24 Unit condo or apartment Net Zero Ready development opportunity in the Urban Residential (UR) zoning district in Somerville. Fantastic location near the on-ramp to I93 less than 10 minutes to downtown Boston, close to Assembly Row and supermarkets, with the benefits of being on a quiet side-street. Existing houses have been demolished, utilities have been capped, and plot merger has been completed. Architecturals, MEP, civil plan, and traffic study has been completed. Structural plans being completed now. Ready for buyer to submit for building permit without any special permit needed. Alternatively, buyer could get a special permit for parking relief to do up to 34 units. Current plans call for 8 – one bedroom units, 9 – two bedroom units, 7 – three bedroom units, and includes 4 Affordable units (two in tier 1 and two in tier 2). Reach out for more details and plans.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

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

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

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => All Personal Property.
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => -
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

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

[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
        (
        )

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

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

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 04:22:09
    [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
        (
        )

[management_expense] => Array
        (
        )

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

[mls_area] => 
    [mls_id] => 73143669
    [neighborhoods] => 
    [net_income_calc] => 0
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 
    [office] => Array
        (
            [id] => AN6816
            [name] => Green Line Property Group
            [phone] => 617-894-6127
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

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

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

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

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

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

[price] => 2850000
    [price_per_sqft] => 0
    [price_per_unit] => 2850000
    [private_pool] => 
    [property_sub_type] => Array
        (
        )

[real_estate_tax] => 0
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

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

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

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

[street_number] => 11
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [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] => 0
    [total_gross_income] => 0
    [total_parking] => 20
    [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] => 11 Taylor Street, Somerville MA 02145
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

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

[year_built] => 2023
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 02145
    [zips] => 
    [zoning] => UR
    [zoning_details] => Legal Conforming
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/336684/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73143669&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73143669&w=1024&h=768&n=3
        )

[raw] => 
)

EXIT

1 More Photo