$1,995,000
Active17 Kensington Avenue
Somerville, MA, 02145
Commercial · MLS #73504113
Days on market
New today
Lot size
0.23 ac
0.23 acres
Lot
About this home
Existing single story commercial building and parking area on a flat 10,006 sq/ft rectangular lot, last used as a print shop, and being delivered vacant together with plans to construct a new 19 unit residential building in its place. The property is located on a sleepy side street off of Broadway in a rapidly developing neighborhood with easy access to shopping + restaurants and is only a half mile from the Assembly Square Orange Line T. The property is offered w/the land, existing building + a full set of architect drawings ready to submit for permit. Plans call for 4-5 units per floor and a gross building area of 25,293 sq/ft. The unit mix includes (15) 2 bedroom/2 bath residences and (4) 1 bed/1 bath residences. Four units would be designated affordable, and the project can be built as apartment or condominium. Most residences have private outdoor space + the plans even call for a common roof deck! SEE THE POTENTIAL FOR YOURSELF. OPEN HOUSE WEDNESDAY 4/22 from 10AM-NOON
Property details
- Parking
- Deeded
Listed by The Residential Group · Coldwell Banker Realty - Brookline
Schedule a showing
17 Kensington Avenue
Estimated payment
$12,914 / month
Loan term
- Principal & interest
- $10,088
- Property tax
- $1,995
- Home insurance
- $831
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
Compare