12-unit boutique condo project in close proximity to Davis Square adjacent to Tufts University. The by-right project features four (4) Semi-Detached structures each containing three (3) units. Projects GFA total15, 691SqFt and 8 off-street parking spaces. The Seller has obtained conditional lot split approval to be recorded upon demolition of the existing structure. Historical requirements have been satisfied. No affordable units are required per zoning. No discretionary permit or site plan approval is required. Buyer will proceed directly to ISD for demolition and building permits. Projected sell-out$13.28MM.Please inquire for full offering.
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The average household income in
Somerville, MA
grew
from
$78,673
to
$84,722
in the past year. This data is an estimate based upon
32,453
households in
Somerville, MA. The chart below presents how household income is distributed in
Somerville, MA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Somerville, MA
compared to median property taxes around the country. The prevalent amount of property taxes in
Somerville, MA
equals
$3k+
, which is
more
than the national average.