New Construction
Address
6-8-10-12 Linden St, Somerville, MA
Price
$ 4,000,000
Property Attributes
- MLS#73214062
- TypeCommercial
- CountyMIDDLESEX
- CitySomerville
- AreaInman Square
- Zip02143
- StyleCommercial
- Price$ 4,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
A 4-unit new construction building with approximately a 7% cap rate on the invested money presents an excellent opportunity for investors or owner-occupiers seeking profit and long-term growth. It benefits from having condo documents in hand, leading to savings on property tax. Additionally, it can be sold as individual condominiums. Each unit features two levels, three bedrooms, and three baths. The house unit has a rooftop. It is conveniently located approximately 1.8 miles from Harvard Square Cambridge. The MBTA train station is just 0.3 miles away. it will be delivered with occupancy certificate.
| Price History | |
|---|---|
| 3/19/2024 | Listed $4,000,000 |
General Features
| Utilities | Public Water,Public Sewer,Natural Gas Available,220 Volts |
|---|---|
| Roof | Shingle |
| Zoning | RB |
| HOA | 250 |
| Association Fee Includes | Insurance |
| Year Built | 2023 |
| Tax Year | 2024 |
| Business Type | Commercial |
| County | Middlesex |
| Property Type | Commercial Sale |
| HOA / Comm Assn | Yes |
| Status | Active |
| Directions | Somerville Ave to Linden St. |
| City | Somerville |
| Disclosures | Buyer and Buyer agent to perform their own due diligence.All information provided could be subject to errors.Seller reserve right to accept an offer at anytime. |
| Senior Community Y/N | No |
| Zoning Description | Legal Conforming |
| MLS Area | Inman Square |
| Lot Size Square Feet | 3600 |
| Waterfront Y/N | No |
| Street Name | Linden St |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Lease Type | Other (See Remarks) |
| Standard Status | Active |
| Tax Lot | 24 |
Exterior Features
| Total Parking | 2 |
|---|---|
| Lot Size Area | 0.08 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Acres |
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 Commercial Average in 02143
Price
Visits
Year Built
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