1006 Broadway, Somerville, MA


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About 1006 Broadway

Attention developers, builders and landlords, amazing By-Right 6 units condo or apartment development opportunity in primary Somerville location 2 blocks from Tufts University, 0.4 miles from Davis Square. The current lot of 9,284 SQFT has been approved to be split to 3 lots. 4 condos and two side by side duplexes. 6 surface parking spaces. Designed by renowned architect Peter Quinn, total buildout allows for about 14,000 SQFT, total sellout projected to up to $10M. No Affordable units required. If you desire to keep the current building, you will have total 12 bedrooms, 5 full baths in a multi-family with about 4,500 SQFT, two car garage, two driveways, 4 more parking, and high ceiling in unfinished basement. A cash cow for rental in the hottest area of Somerville. Condo conversion permit in hand, lot split approved, HPC green lighted the demolition of the current building, building permit well underway. All architectural and structural plans and docs will be transferred to the buyer.

Features of 1006 Broadway

MLS® # 73156094
Price $3,190,000
Bathrooms 0.00
Acres 0.21
Type Land
Sub-Type Residential
Status Active

Community Information

Address 1006 Broadway
City Somerville
County Middlesex
State MA
Zip Code 02144-1818


Is Waterfront No
Has Pool No


Fireplace No


Lot Description Elevated, Corner Lot

Additional Information

Zoning NR

Listing Details

Agent Derek Greene
Office The Greene Realty Group
Buyer Agent Compensation 2.5%
Buyer Agent Compensation Type %
Facilitator Compensation 0%
Facilitator Compensation Type %
Compensation Based On Net Sale Price
Sub Agency Relationship Offered No

Listing Map

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