Rare high density development opportunity in Somerville with ZBA approved plans for up to 10 units. This is a prime chance to invest in one of Somerville’s most sought-after neighborhoods. Currently used as a tenanted single-family residence, this MR-4 zoned lot allows for 4-story development - ideal for condo sellout, or multi-family hold. located less than 0.4 miles from the Green Line Extension and just minutes from Sullivan Square, Union Square, and Route 93, this property offers exceptional accessibility. Easy access into Boston and Assembly. Plans can either be advanced or modified to suit your vision, with options for lower unit count / create larger units.
— MLSPIN #: 73382246Map of 7 Washington, Somerville, MA 02143
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| List Price: | $1,390,000 |
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| Status: | Active |
| MLS ID: | 73382246 |
| Town: | Somerville |
| County: | Middlesex |
| Zip: | 02143 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Bedrooms: | 17 |
| Full Baths: | 12 |
| Living Area: | 10,000 sqft |
| Acres: | 0.07 |
| Taxes: | 6,799 |
| Lot Features: | Gentle Sloping |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 2025 |
| Directions: | on Washington Street |
| Foundation Details: | Other |
| Listing Contract Date: | 2025-05-29 |
| Lot Size Area: | 0.07 |
| Lot Size Square Feet: | 3,262 |
| Rooms Total: | 25 |
| Bathrooms Total Integer: | 12 |
| Building Area Source: | Other |
| Building Area Total: | 10,000 |
| Community Features: | Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, House of Worship |
| Levels: | 4 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 10 |
| Parcel Number: | 761382 |
| Sewer: | Public Sewer |
| Zoning: | MR4 |
| Stories Total: | 4 |
| Year Built Source: | Owner |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $23,976 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $139.00 |
| Page: | 215 |
| Price Per Sqft: | $139.00 |
| Square Feet Disclosures: | potential building size 10, 500+- |
| Square Feet Incl Base: | No |
| Year Round: | Yes |
| Net Operating Income: | $23,976 |
| Original List Price: | $1,390,000 |
| Tax Assessed Value: | $673,800 |
| Tax Year: | 2021 |
| Total Actual Rent: | $1,998 |
| Year Built Details: | To Be Built |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| F Bths 1: | 2 |
| F Bths 2: | 2 |
| Rent1: | 999 |
| Rent2: | 999 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on June 15, 2025 04:33 AM
Property Last Updated: June 02, 2025 03:05 AM
Listing Courtesy of: Leading Edge Real Estate
Listing Agent: Ramsay and Company
617-699-4446
