7 Washington St Somerville, MA

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Home For Sale In Somerville, Massachusetts

Price: $1,950,000
Address: 7 Washington St
City: Somerville
State: MA
Zip:
Bathrooms: 10+
Bedrooms: 10
Condition: Resale
Fee: No
Provided By: RealtyWW

Description:

Rare opportunity to develop a AS OF RIGHT 10 unit residential building blocks away from the Green Line extension. Comprised of four high efficiency one bedrooms, five two bedrooms and a parlor duplex three bedroom. Well laid out, open concept units designed for the way we want to live. Viable for condo sales with an expected sellout of 6.3+M, or hold as a rental building with strong potential NOI and CAP rate while the area continues to develop around the green line extension. The extension has a Washington St Stop, which is less than.4 miles away. Only a mile away from bustling Assembly Row. Located in an opportunity zone, allowing for the potential for deferral or reduction of future capital gains. 6 unit as of right with 4 units added through net zero build. See brochure for additional details.For more details: https://realtyww.info/homes/home-for-sale-in-somerville-massachusetts_i21898266

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