114 BroadwaySomerville, MA 02143MLS Number 72116373

  • Price: $1,399,900
  • 83 Days on Market
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Federal 30-year interest rate: 4.09% last updated on Jan 19, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.07Acreage
  • 114Street No
  • 1No Stories
  • 2Reu Units

WALK TO THE SULLIVAN SQ ORANGE LINE STATION AND ASSEMBLY ROW...Exceptional investment opportunity with up to 12 individual offices... You can own a great investment property with a tremendous upside and development potential! FUTURE CONDO CONVERSION POSSIBILITIES which could include a potential mix use development with retail and residential. FAR (Floor to Area Ratio) of up to 3. Current use is two retail spots in the front and additional private individually rented offices. Fully rented Total Gross Monthly is $7,155 with a Gross Annual Rent of $157,440. Favorably Zoned as TOD or for Transit Oriented Development ... possibly buildable up to 5 stories and potential federal monies available for improvements.

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Location

  • Street No114
  • Building Number114
  • StreetBroadway
  • Zip02143
  • StateMA
  • CountyMiddlesex
  • TownSomerville

Property

  • Acreage0.07
  • Parking Spaces0
  • Space AvailableFor Sale
  • Lot Size3049

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