**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.
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Last Checked: May 7th, 2024 at 6:41am (Source: MLS PIN #73144195)
General Information for 11 Taylor Street, Somerville MA 02145
Listing ID73144195
Price2850000
Land TypeResidential
Approx AcresApprox. 0.31 acres (13,636 SqFt)
Number of Lots
Road Frontage Type
ZoningUR
Electric220 Volts
GasAt Street
WaterPublic
SewerPublic Sewer
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront Features
View
Disclosures for 11 Taylor Street, Somerville MA 02145
Special Listing Conditions
Buyer Agent Compensation1.5%
Facilitator Compensation-
Financial Information for 11 Taylor Street, Somerville MA 02145
Association Fee
Tax0
Tax Year2023
Assessed Value$0
Contact Information for 11 Taylor Street, Somerville MA 02145