LOT SIZE 0.230 acres
MLS#73504116
STATUSActive
PROPERTY TYPELand - Residential
Property Description
Introducing 17 Kensington Avenue in Somerville- your opportunity to raze an existing single story commercial building and construct a new 4 story, 19-unit building in its place. The new building can be built for sale or for rent and the project is designed with 4-5 units per floor and a gross building area of 25,293 sq/ft. The unit mix includes (15) 2 bedroom/2 bath residences and (4) 1 bed/1 bath residences. Four units are to be designated affordable. Most residences have private outdoor space + the plans also call for a common roof deck! The lot is 10,006 sq/ft and is a rectangle with its long side fronting on Kensington Avenue. The property is located on a sleepy side street off of Broadway in a rapidly developing neighborhood w/easy access to shopping + restaurants and is only a half mile from the Assembly Square Orange Line T. The property is offered w/the land, existing building + a full set of architect drawings ready to submit. Make this your next project!
Property Features
Property Type: Land - Residential
Lot Size: 0.23 Acres
Taxes: $13,891
Feature Descriptions
Community Features: Public Transportation, Shopping, Park, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Electric: On-Site
Electric On Property: Yes
Lot Features: Level, Sidewalks
Parcel Number: 758622
Rental Term: Monthly
Sewer: On-Site
Water: On-Site
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty - Brookline
Agency Phone: 617-731-2447
Agent Name: The Residential Group
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
TOUR PROPERTY
Choose a date and time to see 17 Kensington Avenue, Somerville, MA 02145.
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Estimate Your Payment
Estimated Payment
$ 6,179.46 per month $4,440.01 Principal & Interest $1,157.58 Property Tax $581.88 Homeowner's Insurance
17 Kensington Avenue | MLS# 73504116
This land located at 17 Kensington Avenue, Somerville, MA 02145 is currently listed for sale with an asking price of $1,995,000. The property has approximately 0.23 Acres. Search Somerville real estate on www.masiellogrouprealestate.com today.