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$1,995,000
Est. payment /mo
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73504116
HOA Y/N false
Annual Tax Amount $13,891
Tax Year 2026
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type 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!
Location
State MA
County Middlesex
Zoning UR
Direction Broadway to Kensington Avenue
Exterior
Community Features Public Transportation, Shopping, Park, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station
Building
Lot Description Level, Sidewalks
Sewer On-Site
Water On-Site
Others
Senior Community false
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Listed by Coldwell Banker Realty - Brookline
Nearby Locations
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