Home For Sale In Somerville, Massachusetts

house for sale

3 views

Listed: 04/27/24

17 Clyde Street, Somerville, MA 02144, USA

Studio Bed:

Price

$ 1,7M

Sold

Show 6 more

About This House

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!

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Home For Sale In Somerville, Massachusetts

17 Clyde Street, Somerville, MA 02144, USA

About This House

Protect Yourself From Rental Scams

Nearby cities

Properties for Sale Around the World

Real Estate for Sale