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199 Elm Street

Davis Square, Somerville, MA 02144
$1,900,000
0.08 Acres
  • Property Description
    Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter Rail). A 21E was conducted by the current owner in 1997. See all documents attached to MLS for further information. Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.
  • Highlights
    • Area: Davis Square
    • Property Type: Residential
    • Property Class: Land
    • Status: Active
  • Additional Details
    • Lot Features: Level
    • Zoning: Mr4
    • Road Frontage Type: Public
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University
  • Utilities
    • Electric: On-Site
    • Water Source: Public, On-Site
    • Sewer: Public Sewer, On-Site
  • Fees / Taxes
    • Assessed Value: $996,900
    • Compensation Based On: Gross/Full Sale Price
    • Taxes: $18,144
    • Buyer Agent Compensation: 2%
    • Tax Year: 2024

Location

199 Elm Street, Somerville, MA 02144

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Content © 2024 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 Gibson Sotheby's International Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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