$16,950,000
44
Beds
40
Baths
26,718
Living Area
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Property Description
BACK ON MARKET! EXCLUSIVE OPPORTUNITY AT 13 WARWICK STREET: A newly built 28-unit rental property in Somerville’s prime Spring Hill neighborhood—just 15 minutes from downtown Boston and close to Davis Square. Developed by SMT Development and Prominent Builders, who have completed 100+ projects in Somerville, the building offers condo-quality finishes and a unit mix of 10 studios, 2 one-bedrooms, 13 two-bedrooms, and 2 three-bedrooms, including 23 market-rate and 5 affordable units. Additional highlights include 11 garage parking spaces, a projected rent roll of $91,500 per month, and annual income potential of $1.1M. Located just a 5-minute walk to the Green Line T stop, the property will be delivered 100% complete with a certificate of occupancy expected by June 1st. Construction plans are available in the MLS documents; financials are available upon request. CALL FOR OFFERS 5/29/26
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Highlights
- Area: Spring Hill
- Parking Spots: 22
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 99
- Status: Active
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 2026
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Additional Details
- Foundation: Concrete Perimeter
- Total Number of Units: 28
- Year Built Source: Builder
- SqFt Source: Other
- Year Built Details: Actual
- Zoning: 1
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Amenities
- Covered Parking Spaces: 11
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1
- Taxes: $1
- Tax Year: 2025
- Total Rent: $9,000
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