Somerville (02145)
$1,049,000
2 
3
4,326
PROPERTY DETAILS
| Address: |
view address Somerville, MA 02145 Map Location |
Bedrooms: | 2 |
|---|---|---|---|
| Bathrooms: | 3 (full: 2, half: 1) | Square Feet: | 4,326 sq.ft. |
| Lot Size: | 3173.0 | Property Type: | Single Family Residence |
| County: | Middlesex | Listing Number: | 73291603 |
| Listed By: | Fortune RE |
PROPERTY DESCRIPTION
UPDATED ZONING STUDY - 7 units /1 Affordable. Opportunity to acquire MR4 zoned parcel in Magoun Square, less than a 1/4 mile from the newly opened Magoun Square GLX station. The 3,173 SF parcel abuts 3/4 of an Acre of MR4 zoned parcels on all sides and currently has a 4,350 SF existing structure generating $4,132/month with leases ending 8/31/24. An initial massing study indicated a 4-story 6,375 SF structure consisting of up to 8 units may be feasible. 359 Lowel Street's proximity to Magoun Square station is situated within a Transit Zone affording no minimum parking requirements.Existing structure consists of Two Levels, 2,150 SF each. Renovated 2 Bed 2 Bath unit on the top floor and flex/open space on the first floor. Great ceiling height on both floors. Lots of possible options to increase value over the term of ownership. . Seller and Broker make no representations, expressed or implied with respect to the development potential of the property.
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Interior
Cooling & Heating
| Cooling features: | Window Unit(s) | Heating features: | Central |
| Heating: | Yes |
Exterior
Exterior and Lot
| Foundation details: | Concrete Perimeter |
Parking
| Parking features: | Paved |
Property and Lot Details
Other
| Sewer: | Public Sewer |
Fee
| Annual Tax: | 10787.2 |
Building Information
| Year Built: | 1910 | Levels: | Multi/Split |
Lot
| Lot Dimensions: | 3173.0 |
Construction
| Building Area total: | 4326.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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