Land for sale
$1,279,000 - Somerville MA 02145Somerville MA 02145
Land for sale
- Price: $1,279,000
- Reference No.: 69770178
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Overview
Opportunity to acquire MR4 zoned parcel in Magoun Square, less than a mile from the newly opened Magoun Square GLX station. The 3, 173 SF parcel abuts 3/4 of an Acre of MR4 zoned parcels on all sides and currently has a 4, 350 SF existing structure generating $4, 132/month with leases ending 8/31/24. An initial massing study indicated a 4-story 6, 375 SF structure consisting of up to 8 units may be feasible. 359 Lowel Streets proximity to Magoun Square station is situated within a Transit Zone affording no minimum parking requirements.Existing structure consists of Two Levels, 2, 150 SF each. Renovated 2 Bed 2 Bath unit on the top floor and flex/open space on the first floor. Great ceiling height on both floors. Lots of possible options to increase value over the term of ownership. Prospective Purchasers should verify all development feasibility independently. Seller and Broker make no representations, expressed or implied with respect to the development potential of the property. For more details and to contact: https://realtyww.info/land-lots_somerville-d525118/for-sale_i69770178Land Somerville
This Land for sale is located at Somerville MA 02145. The home has . This Land in Somerville MA is for sale for $1,279,000 .
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2024-03-23, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-23, Viewed 0 times.
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