BEDS4
BATHS3 full
SQUARE FEET2,426
MLS#73536182
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Rare mixed-use opportunity at one of Somervilles most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Lot Size: 0.09 Acres
Roof Type: Shingle, Rubber
Stories: 3.0
Taxes: $16,881
Year Built: 1900
Feature Descriptions
Building Area Total: 2426
Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station, University
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
Dwelling Type: 3 Family
Exterior: Frame
Flooring: Vinyl, Hardwood
Lot Features: Corner Lot
Parcel Number: M:31 B:A L:11A,4271696
Parking Features: Off Street
Parking Total: 2
Rooms Total: 11
Sewer: Public Sewer
Units: 3
Utilities: for Gas Range
Water: Public
Listed By / Shown By
Listed By
Agency Name: RE/MAX Real Estate Center
Agent Name: David Lilley
Agency Phone: 617-576-3800
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 11,223.96 per month $8,679.71 Principal & Interest $1,406.75 Property Tax $1,137.50 Homeowner's Insurance
55 Elm St | MLS# 73536182
This multi-family property located at 55 Elm St, Somerville, MA 02144 is currently listed for sale with an asking price of $3,900,000. Search Somerville real estate on www.masiellogrouprealestate.com today.