21 Washington Street, Somerville, Massachusetts 02143

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Property Description

A rare redevelopment opportunity in East Somerville is awaiting an investor! These Mixed Use Mid-Rise 3 level zoned properties have the potential for 4-8 residential condos and 2-4 ground story commercial units. Currently a two story building with commercial on the first floor and a residential apartment above located next to a 2360 sq ft vacant lot located on Mount Vernon Street. Build right in the mist of this up and coming area, located just 0.5 miles away from the Orange Line - Sullivan Square Station, Gilman Square Station is only 1 mile and the long awaited GLX Station is only 0.4 miles away!! Encore Casino is a mere 1.6 miles away, with the Holiday Inn directly across the street. Easy highways access - I90 and 93, Mass General Brigham, Assembly Square, Schrafft Building, Hood Park, Bunker Hill CC, etc etc. Possible variance to increase stories to MR4, zoning map attached.

Additional Information

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To be sold with 97 Mount Vernon St, vacant lot consisting of 2360 sq ft also zoned Mid-Rise 3. Taxes & acres combined above. Both properties to be sold 'as is' 'as seen' 'where is', seller/broker make no warranties or representations. Buyer/agent to do their own due diligence.

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Calculator source: Real Geeks

Listing courtesy of Cynthia Phillips from Phillips Premier Properties, LLC

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