$12,000,000
$13,500,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
2-8 Broadway Somerville, MA 02145
99 Beds
148.5 Baths
27,176 SqFt
Key Details
Sold Price $12,000,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 27,176 sqft
Price per Sqft $441
MLS Listing ID 72483651
Sold Date 04/12/19
Bedrooms 99
Full Baths 99
Half Baths 99
Annual Tax Amount $102,000
Tax Year 2018
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Broadway Residences is a newly-constructed, transit-oriented, mixed-use investment property located at the corner of Broadway and Mt Pleasant Street in Somerville, Massachusetts. The subject property is comprised of a brand-new, five-story apartment building and three adjacent buildings that were gut-renovated in 2015 as part of the development (collectively, the “Property”). The Property contains a total of 19 residential units, 5 street-level retail suites and new, onsite, garage parking. The transit-oriented development is extremely well located in the East Somerville neighborhood, just steps from the MBTA's Sullivan Square Station, and within walking distance to the popular shopping, dining, fitness and entertainment options at Assembly Row.
Location
State MA
County Middlesex
Area East Somerville
Zoning TOD55
Direction East Somerville - On The Corner of Mt. Pleasant & Broadway
Interior
Interior Features Other, Other (See Remarks), Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks)), Unit 1 Rooms(Other (See Remarks)), Unit 2 Rooms(Other (See Remarks))
Heating Other, Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks))
Cooling Other, Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks))
Flooring Other
Fireplaces Number 18
Appliance Other, Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks)), Gas Water Heater
Exterior
Exterior Feature Other
Garage Spaces 10.0
Community Features Public Transportation, Shopping, Park, Highway Access, T-Station, University, Other
Roof Type Rubber
Total Parking Spaces 10
Garage Yes
Building
Lot Description Corner Lot
Story 18
Foundation Other
Sewer Public Sewer
Water Public
Others
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
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Bought with Dennis Kelleher • Horvath & Tremblay