LOT SIZE 0.920 acres
MLS#73552820
STATUSActive
PROPERTY TYPELand - Residential
Property Description
Presenting 501 Mystic Valley Parkway located in Somerville, Massachusetts. A proposed 0.92-acre site, for sixty-four (64) residential units. The existing building on the property has been recently demolished and due to recent changes to Somervilles zoning code 501 Mystic Valley now allows for multi-family development. This presents a rare opportunity to achieve significant density in a high-barrier-to-entry neighborhood. Ideally situated in Somervilles West Somerville neighborhood along Mystic Valley Parkway, the property boasts excellent access to local amenities, retail/shopping options, public transportation, major universities, and effortless access into or out of the city.
Property Features
Property Type: Land - Residential
Lot Size: 0.92 Acres
Taxes: $99
Feature Descriptions
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
Electric: On-Site
Electric On Property: Yes
Lot Features: Level, Cleared
Parcel Number: 747138
Rental Term: Monthly
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: Cushman & Wakefield
Agent Name: Christopher Sower
Agency Phone: 617-330-6966
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimate Your Payment
Estimated Payment
$ 21,404.73 per month $18,917.32 Principal & Interest $8.25 Property Tax $2,479.17 Homeowner's Insurance
501 Mystic Valley Parkway | MLS# 73552820
This land located at 501 Mystic Valley Parkway, Somerville, MA 02144 is currently listed for sale with an asking price of $8,500,000. The property has approximately 0.92 Acres. Search Somerville real estate on www.masiellogrouprealestate.com today.