Address
17 Clyde St, Somerville, MA
Price
$ 1,695,000
Property Attributes
- MLS#73227505
- TypeContingent
- CountyMIDDLESEX
- CitySomerville
- AreaMagoun Square
- Zip02145
- Style5+ Residential
- Year Built1886
- Taxes$ 7030
- Price$ 1,695,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,841 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Investors, builders, and developers take notice! Amazing opportunity to develop (2) 3 family properties in a bustling area of Somerville. Property is currently a single-family residence with 8-car garage on a lot that sits in NR Zoning which along with MBTA Communities Law allows for subdivision and “by right” 3-unit build! Great area very close to Magoun Square T station and Maxwell’s Green. Property is ~equidistant to Davis, Ball, and Porter Squares. Highly sought-after neighborhood and minutes to Boston. This transaction is subject to a 24-Month Sale/Leaseback agreement for resident as well as the City of Somerville's Historic Preservation Commission's 18-month moratorium on demolition. Currently, one side of the lot allows for immediate subdivision and development. Sale/Leaseback provides buyer with income during the permitting process, a win-win for all. Buyer and/or buyer's agents/representatives to do their own full due diligence. Don’t miss this opportunity!
| Price History | |
|---|---|
| 4/23/2024 | Listed $1,695,000 |
General Features
| Zoning | NR |
|---|---|
| Year Built | 1886 |
| Tax Year | 2023 |
| Business Type | 5+ Residential |
| County | Middlesex |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Contingency | Pending P&S |
| Status | Contingent |
| Directions | Use GPS |
| City | Somerville |
| Disclosures | Home is fully occupied. Accompanied showings only. No person/s are allowed on the property without list agent or his representatives. Remarks include expressed opinions of seller & seller's represent |
| Senior Community Y/N | No |
| Zoning Description | Other (See Remarks) |
| MLS Area | Magoun Square |
| Lot Size Square Feet | 7840 |
| Waterfront Y/N | No |
| Street Name | Clyde St |
| Tax Annual Amount | 7030 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Tax Lot | 5 |
Exterior Features
| Total Parking | 8 |
|---|---|
| Lot Size Area | 0.18 |
| Lot Size Acres | 0.18 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 02145
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
