Excellent development opportunity in Somerville, just 0.3 miles from East Somerville Green Line Station, on the bike path and great proximity to East Cambridge and downtown Boston. Located on the edge of the rapidly growing Inner Belt neighborhood, this ZBA-approved 3-unit condo project is ideal for developers or end users looking to create a community and build equity. The first floor unit features 4 beds and 2 baths (2843 SF); the middle unit offers 3 beds and 2 baths (1383 SF); and the penthouse unit includes 3 beds, 2.5 baths, and a roof deck (1590 SF including roof deck. The project comes with all site and architectural plans which are approved by the ZBA and is awaiting traffic plan analysis for final special building permit approval. Seller open to offers subject to building permit approval. Full package available upon request.
This home has been viewed 30 times
Last Checked: December 6th, 2025 at 8:23am (Source: MLS PIN #73444203)
Gross Income: $0
Gross Expenses: $12,574
Net Income Calc: $12,574
CAP Rate: -1.35%
Annual Expenses for 142 Cross St, Somerville MA 02145
Total Gross Expenses (Calculated)$12,574/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$12,574
Annual Income & Unit Breakdown for 142 Cross St, Somerville MA 02145
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms4 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms3 Full, 1 Half
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 142 Cross St, Somerville MA 02145
Listing ID73444203
Property TypeMulti Family / 3 Family
Price$929,900 ($162.14/SqFt)
Style3 Family - 3 Units Up/down
CitySomerville
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total5,735 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built2025
Year Built SourceBuilder
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpaceDeck - Roof
ZoningBB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 142 Cross St, Somerville MA 02145
Lead Paint
UFFINo
Living Area Includes BasementYes
Living Area DisclosureFrom approved ZBA Plans and includes 89sf of roof
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 142 Cross St, Somerville MA 02145
Real Estate Taxes$12,574
Tax Year2025
Assessed Value$664,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.35%
Location Information for 142 Cross St, Somerville MA 02145
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Public Transportation, T-station, Private School, University
Contact Information for 142 Cross St, Somerville MA 02145