Address
199 Elm Street, Somerville, MA
Price
$ 1,900,000
Property Attributes
  • MLS#73208496
  • TypeLand
  • CountyMIDDLESEX
  • CitySomerville
  • AreaDavis Square
  • Zip02144
  • StyleLevel
  • Taxes$ 18144
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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.

Price History
3/5/2024 Listed $1,900,000

General Features

Sewer Public Sewer,On-Site
Zoning MR4
Gas Y/N On-Site
Electric On-Site
Property SubType Residential
Tax Year 2024
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Bike Path,Highway Access,T-Station,University
County Middlesex
Property Type Land
HOA / Comm Assn No
Status Active
Directions Elm Street between Russell Street and Windom Street
City Somerville
Disclosures 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.
Senior Community Y/N No
MLS Area Davis Square
Lot Size Square Feet 3601
Waterfront Y/N No
Street Name Elm Street
Tax Annual Amount 18144
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 996900
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Electric On Property Y/N Yes

Exterior Features

Lot Features Level
Water Source Public,On-Site
Lot Size Area 0.08
Lot Size Acres 0.08
Lot Size Units Acres
Road Frontage Type Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 02144

Price
AVG $1.9M
$1.9M
Taxes
AVG $18,144
$18,144
Visits
AVG 131
130
Data Provided by Inside Real Estate®

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