7 Washington
$1,390,000
17
Beds
12
Baths
10,000
Sqft
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NEW CONSTRUCTION
$1,390,000
17
Beds
12
Baths
10,000
Living Area
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Property Description
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.
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Highlights
- Levels: 4
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 25
- Status: Active
- Property Class: Residential Income
- Stories: 4
- Year Built: 2025
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Additional Details
- Foundation: Other
- SqFt Source: Other
- Year Built Details: To Be Built
- Zoning: Mr4
- Lot Features: Gentle Sloping
- Total Number of Units: 10
- Year Built Source: Owner
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, House of Worship
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $673,800
- Taxes: $6,798
- Tax Year: 2021
- Total Rent: $1,998
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