121 Prospect Street, Somerville, MA


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Square feet



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® # 73167279
Price $5,350,000
Bedrooms 99
Bathrooms 99.00
Full Baths 99
Square Footage 28,894
Acres 0.23
Year Built 2023
Type Residential Income
Sub-Type 5-9 Family
Status Active

Community Information

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


Parking Spaces 18
# of Garages 18
Is Waterfront No
Has Pool No


Interior Features Living Room, Dining Room, Kitchen
Appliances ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven - ENERGY STAR
Heating Natural Gas,Electric
Cooling Central Air
Fireplace No
# of Stories 5


Lot Description Corner Lot
Foundation Concrete Perimeter

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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