121 Prospect Street, Somerville, MA


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About 121 Prospect Street

Fortune Realty is pleased to present 121 Prospect Street, a fully permitted and approved 32 unit transit-oriented residential development opportunity situated on the Somerville/Cambridge line, less than a quarter of a mile away from the highly anticipated Union Square Station and a stone's throw away from Cambridge's vibrant Inman Square. The four story structure consists of three wood framed residential floors over a single steel podium parking level. 121 Prospect offers 18 covered parking spaces, with multiple modes of public transit at its front door. Strategically positioned within a mile radius of esteemed educational institutions such as Harvard, MIT, and Central Square, 121 Prospect Street provides future residents with unparalleled convenience to public transportation, suburban employment hubs and a myriad of eateries, shopping, and entertainment amenities the area has to offer. The property presents a remarkable opportunity to build market rate housing in a coveted submarket.

Features of 121 Prospect Street

MLS® # 73166845
Price $5,350,000
Bathrooms 0.00
Acres 0.23
Type Land
Sub-Type Residential
Status Active

Community Information

Address 121 Prospect Street
City Somerville
County Middlesex
State MA
Zip Code 02143


Is Waterfront No
Has Pool No


Fireplace No


Lot Description Level

Additional Information

Zoning UR

Listing Details

Agent Justin Pepple
Office Fortune RE
Sub Agent Compensation 1.75
Buyer Agent Compensation 1.75
Facilitator Compensation 1.75
Compensation Based On Gross/Full Sale Price
Sub Agency Relationship Offered Yes

Listing Map

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