121 Prospect Street, East CambridgeSomerville, Massachusetts

Home for Sale in somerville

One Beacon, 6.41% cap rate with rental upside, is a turn-key asset exceptionally located in Somervilles Inman Square neighborhood on the Cambridge border. The Property contains six units consisting of (4) 4-Bedroom/2-Bathroom units and two commercial units. The Property is fully leased and has undergone extensive interior unit renovations featuring condo quality finishes in the residential units including new kitchens with custom cabinets, quartz counter tops and stainless-steel appliances, updated bathrooms with new tile flooring and high-end fixtures, vinyl plank floors as well as new forced hot air and central air-conditioning systems and Navien tankless hot water systems. The commercial tenant, Trinas Starlite Lounge and Parlor Sports (both leased by one tenant), recently extended their lease for 5-years (through August 31, 2029) and reimburse their pro-rata share of Real Estate Taxes, Insurance and Utilities. Common laundry for tenants is located on the 2nd and 3rd floor.

Home for Sale in somerville

The Lumina is a fully permitted and approved 40-unit development opportunity located in the heart of Union Square, Somerville, Massachusetts. This mid-rise building, encompassing 35,971 gross square feet with 28,949 net rentable square feet, is ready for construction to commence. It boasts a building permit, an open MWRA permit, and an available demolition permit. Approved for four stories, The Lumina is strategically placed adjacent to the new Union Square MBTA stop, meeting the growing demand for premium living spaces in this vibrant area.

Home for Sale in somerville

DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. 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. SELLER WILL WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS BEFORE CLOSING. Buyer responsible for all fees incl but not limited to architects fees, attorney fees etc necessary to obtain approvals. 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!

Home for Sale in somerville

DEVELOPABLE 5 STORY MIXED USE PROJECT WITH UP TO 37 UNITS. Incl 2 parcels w/ over 11,000 sq ft of lnd, sold as a package. ZONED MR5. Potential 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 less. 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. SELLER WILL WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS BEFORE CLOSING. Buyer responsible for all fees incl but not limited to architects fees, attorney fees etc necessary to obtain approvals. 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!

Home for Sale in somerville

Tucked away on a leafy side street, steps from Porter Square's vibrant Red Line stop, this handsome 3-family exudes character. Loved by one family for 45 years, it offers a unique experience. Rich wood paneling and arched doorways evoke a bygone era. The 1st-floor 1BR + study boasts a modern white shaker kitchen with quartz counters. The front living room features a decorative fireplace, bay window, and lodge-like paneling. The 2nd-floor unit offers 2 bedrooms and a private front porch. The top level crowns it all with coffered ceilings in the living room and a treetop view. A garage provides storage, and the brick patio becomes a summer haven. Enjoy city convenience with a private retreat. Steps from Porter Square shops, the Red Line T, commuter rail, and the Minute Man Bike Path.

Home for Sale in somerville

Welcome home to 18 Pinckney Street. This single family home located in Somerville includes 4 bedrooms and 1.5 bathrooms. To round out this home you have 3 off street parking spaces, a private back yard, and a brand new heating system from September 2023. The living room is equipped with a mini split system and great natural light. This home is ready for you to make it your own. Property is being sold in AS IS condition.

Home for Sale in somerville

Open house canceled! Offer accepted., 20 Jay St is an ideal location next to the community bike path that leads to the Red Line. This new construction building has two condos with designer selected finishes throughout. Unit 1 features 3 large bedrooms, a second living area in lower level, and 3.5 baths. As you enter the main floor, youll notice the natural light that fills the living area and chef's kitchen. A large center island is the focal point balancing the custom cabinetry on either side. A Thermador appliance package provides a sleek contrast to the honed quartz countertops. Opposite the kitchen, youll find a gas fireplace centered between two archways with shelving accentuating the living area. A main floor primary suite, laundry room, and half-bath complete this floor. A deck off the rear, leads to your deeded landscaped yard and patio. The lower level has 3 generously sized bedrooms, one of which has an en-suite bath, and a second living area great for a home gym or office.

Home for Sale in somerville

***(Multiple Offer situation, Please Submit Mon by 5pm, Thank You) *** Attention contractors, developers and investors - This 3 family home might be a great condo conversion project or buy & hold investment for a home owner. This property has "great bones" and tons of potential with additional living space in basement and attic. All units in the property are going to be delivered vacant and are ready to be updated by your personal touch. This is a prime Winter Hill location in Somerville providing many conveniences such as easy access in and out of Boston and near Public Transportation. Enjoy the conveniences of great local restaurants such as SARMA, The Winter Hill Brewery, Highland Kitchen and tons of shopping and eateries in nearby Assembly Sq. Property will not qualify for FHA, VA or tradition financing. Property is being sold as-is.

Home for Sale in somerville

Discover the ultimate value at this large condominium, offering luxurious amenities and unmatched convenience. Nearly everything was rebuilt and replaced. This 3-bedroom, 3 bathroom unit spans the second and third floors, boasting exquisite interior highlights like a stunning kitchen with a Carrara quartz island, an expansive dining area, and a gorgeous living room with a gas fireplace. Timeless wide planked oak floors add elegance to the space. The unit includes two en-suite bedrooms with custom bathrooms and ample closets, as well as energy-efficient mini-split systems. Enjoy expansive views from the huge roof-deck, while front and back porches, exclusive tandem parking spaces, and a comfortable shared back yard enhance the outside experience. Situated on a tranquil side street, this location is surrounded by highly sought-after restaurants, Assembly Row, the T, and various transportation options. Live in luxury and comfort in a dynamic urban neighborhood!

Home for Sale in somerville

Location! Location! Location! Welcome to 106 Hudson St. This large 3400+ sf, two-family, very near the new Magoun Square Green Line T Station, presents a rare and unique opportunity for any investor or owner occupant to purchase a great property in one of Somerville's most sought after neighborhoods. It features 6 bedrooms, 3 full baths, large rooms, tons of natural light, original detail, a quaint private yard, and one off-street parking space. The home is in close proximity to everything Somerville has to offer. The Green Line is literally down the street, the Minuteman Bikeway is even closer. Davis Sq and Porter Sq are less than a mile away. Its character, location and size create not only great potential to build sweat equity, but it is also a terrific, high earning potential rental property. Currently occupied with both leases expiring on August 31st, 2023 paying a total of $4525/month.