Sold!
$1,825,000
0.18
Acres
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Property Description
Permitted 7 Unit Development on the Medford Somerville line. This property sits on both Medford and Somerville and will be sold with a permit to build 7 market rate residential units (no affordable units). The unit mix includes Six 2 bedrooms 2 bathrooms + Den and a One 1 Bedroom unit. Lot totals 7705 sqft and the Gross Building Square Footage is 5387 sqft. This project will be sold shovel ready and is conveniently located steps from Ball Square Green Line T Stop and Tufts University and 1 mile from Porter Square and Redline T Station.
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Highlights
- Area: Ball Square
- Property Type: Residential
- Property Class: Land
- Status: Closed
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Additional Details
- Lot Features: Other
- Road Frontage Type: Public
- Number of Lots: 1
- Zoning: Nb
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station, University
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Utilities
- Electric: On-Site, At Street
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $552,600
- Compensation Based On: Net Sale Price
- Taxes: $5,625
- Buyer Agent Compensation: 2%%
- Tax Year: 2022
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