Homes for sale - 60-62 Line St, Somerville, MA 02143

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$2,750,000

Est. payment - /mo

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6 BD

3 BA

3,027 SqFt

Pending

60-62 Line St Somerville, MA 02143

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Nancy Cassano

nancyc@todayrealestate.com +1(508) 954-3420

UPDATED:

12/11/2024 02:24 AM

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 3,027 sqft

Price per Sqft $908

MLS Listing ID 73300850

Bedrooms 6

Full Baths 3

Year Built 1900

Annual Tax Amount $16,245

Tax Year 2024

Lot Size 9,147 Sqft

Acres 0.21

Property Description

3 Family with significant development potential near Harvard. 60-62 Line Street is just blocks to Harvard Square, CHA Cambridge Hospital, Union Square, and Inman Square. With a large 9,000+ sq ft lot, there is potential to develop 6+ units with 6 parking spots on the property. Feasibility study is available upon request. The lot currently contains a 3-family property with 6 beds and 3 baths and has over 3,000 sq ft of living area. The first floor unit has a tenant at will. The second and third floor units are vacant. Extremely unique opportunity for both developers or primary buyers looking to build their dream home with or without rental income. Located on a quiet one-way street but just minutes to cafes, shops, restaurants and public transportation. Opportunities like this do not come along often. Buyers to do their own due diligence regarding any development opportunities.

Location

State MA

County Middlesex

Zoning RB

Direction Use GPS

Interior

Flooring Wood

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University

Utilities Available for Gas Range

Roof Type Rubber

Total Parking Spaces 5

Garage No

Building

Lot Description Wooded, Level

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by RE/MAX Destiny

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Nancy Cassano

Sales Associate | License ID: 9538872

+1(508) 954-3420