$1,025,000
8
Beds
7/1
Baths
5,461
Living Area
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Property Description
Exceptional opportunity to develop a three-family property in Union Square. Buildable lots in Somerville are increasingly rare, making this a unique chance for developers, investors, or end users to create a high-demand asset in a thriving market. Vacant land sold with progress design plans prepared prior to city submission, offering flexibility for customization before filing with the City of Somerville. Plans are believed to comply with zoning requirements; however, buyer to perform all due diligence. Strong potential for long-term rental income, condominium sell-out, or portfolio appreciation in one of Greater Boston’s most dynamic neighborhoods. Property may be viewed from the sidewalk at any time. No site access without appointment. Property reports available upon request. Offers reviewed as presented.
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Highlights
- Area: Inman Square
- Property Class: Residential Income
- Stories: 4
- Year Built: 2026
- Levels: 4
- Property Type: 3 Family
- Total Rooms: 14
- Status: Closed
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Additional Details
- Basement: Full, Finished
- Lot Features: Level
- Total Number of Units: 3
- Year Built Source: Owner
- Foundation: Concrete Perimeter
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: Ur / Nr
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station, University
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $751,100
- Taxes: $8,195
- Tax Year: 2025
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.