$2,999,900

176-182 Broadway, Somerville, MA 02145

  • 99 beds |
  • 198 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. SELLER WILL NOT WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS. Possible buildout w/ TYPICAL CONSTRUCTION WILL ALLOW UP TO 28 UNITS and approx 31,970 gross sq ft of building and approx 1,125 average per unit size OR building as a NET ZERO BUILDING...YOU CAN PUT UP TO 37 MAXIMUM UNITS with approx 577 sq ft more or lessIncludes 2 parcels w/ over 11,000 sq ft of land, being sold as a package. ZONED MR5. Addtnl COMMERCIAL SPACE OF UP TO 5000 SQ FT is allowed. One parking space required per unit...there is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. Affordable requirement for City of Somerville is 20%. GREAT LOCATION rated a WALKER'S PARADISE SCORE OF 95. Insanely convenient...UNDER A MILE TO GREEN AND ORANGE LINE SUBWAY STOPS!

Listing Status:
Pending
Date Added:
October 14, 2025 at 05:00AM
Listing Office:
Steve Bremis Realty Group : 617-828-1070
Listing Agent:
The Steve Bremis Team : 617-828-1070
MLS ID:
73443438
  • Fireplace: Fireplaces: 0
  • Parking: Paved DriveOff Street
  • General: FrameBrick5Stone
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Middlesex
  • Zoning: MR5
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of The Steve Bremis Team, Steve Bremis Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

E Somerville Community

50 Cross St, Somerville, MA, 02145

Grades KG-8

0.19 miles away

N

Next Wave Junior High School

8 Bonair St, Somerville, MA, 02145

Grades 7-8

0.08 miles away

F

Full Circle High School

11 Otis St, Somerville, MA, 02145

Grades 9-12

0.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.