12-unit boutique condo project in close proximity to Davis Square adjacent to Tufts University. The by-right project features four (4) Semi-Detached structures each containing three (3) units. Projects GFA total 15,691 SqFt and 8 off-street parking spaces. The Seller has obtained conditional lot split approval to be recorded upon demolition of the existing structure. Historical requirements have been satisfied. No affordable units are required per zoning. No discretionary permit or site plan approval is required. Buyer will proceed directly to ISD for demolition and building permits. First floor is elevated 5 feet above grade allowing for garden level of living area half above/half below grade. Projected sell-out $13.28MM. Please inquire for full offering.
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Last Updated: October 7th, 2024 at 4:39pm
General Information for 1006 Broadway, Somerville MA 02144
Listing ID73250109
Price$3,995,000
Land Type
Approx AcresApprox. 0.21 acres (9,315 SqFt)
Number of Lots
Approximate Street Frontage
Road Frontage Type
ZoningNR
ElectricAt Street
Gas
WaterPublic
SewerPublic Sewer
Cultivation Acres
Pasture Acres
Timber Acres
PERC Test
PERC Test Date
AssociationNo
Association Required
Association Fee$0
Lot FeaturesLevel, No
WaterfrontNo
Waterfront FeaturesNo
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Disclosures for 1006 Broadway, Somerville MA 02144
DEQE/DEP#
Senior CommunityNo
Disclosures
Special Listing Conditions
For Sale By OwnerNo
Buyer Agent Compensation1.75
Facilitator Compensation
Sub-Agent Compensation
Financial Information for 1006 Broadway, Somerville MA 02144
AssociationNo
Association Fee$0
Tax
Tax Year2024
Assessed Value$1,668,800
Contact Information for 1006 Broadway, Somerville MA 02144