**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 40 times
Last Checked: May 7th, 2024 at 6:41am (Source: MLS PIN #73144195)
General Information for 11 Taylor Street, Somerville MA 02145
Listing ID73144195
Price$2,850,000
Land TypeResidential
Approx AcresApprox. 0.31 acres (13,636 SqFt)
Number of Lots
Approximate Street Frontage
Road Frontage Type
ZoningUR
ElectricAt Street
GasAt Street
WaterPublic
SewerPublic Sewer
Cultivation AcresNone
Pasture AcresNone
Timber AcresNone
PERC Test
PERC Test DateUnknown
AssociationNo
Association Required
Association Fee$0
Lot FeaturesLevel, Cleared
WaterfrontNo
Waterfront Features
View
Disclosures for 11 Taylor Street, Somerville MA 02145
DEQE/DEP#
Senior CommunityNo
Disclosures
Special Listing Conditions
For Sale By OwnerNo
Buyer Agent Compensation1.5%%
Facilitator Compensation-
Sub-Agent Compensation
Financial Information for 11 Taylor Street, Somerville MA 02145
AssociationNo
Association Fee$0
Tax
Tax Year2023
Assessed Value
Contact Information for 11 Taylor Street, Somerville MA 02145