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$ 8,500,000
Est. payment | /mo
0.92 Acres Lot
$ 8,500,000
Est. payment | /mo
0.92 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73552820
HOA Y/N false
Annual Tax Amount $99
Tax Year 2099
Lot Size 0.920 Acres
Acres 0.92
Property Sub-Type 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 Somerville's 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 Somerville's 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.
Location
State MA
County Middlesex
Zoning 99
Direction Located on Mystic Valley Parkway between Irvington Road and Capen Street
Building
Lot Description Level, Cleared
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Cushman & Wakefield
Nearby Locations
GET MORE INFORMATION
Steven Steiner
Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA