Multifamily

$1,950,000

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171 Cedar
Somerville, MA 02145

  • – beds
  • – baths
  • 3,000 sqft
  • 4,792 sqft lot
  • $650 per sqft
  • 2021 build
  • on site

Attention developers and investors "AS of Right project" for a multi unit development over 6 units. delivered with Demo permit in hand. This amazing opportunity on the bike path has many options. There is no need for a condo removal permit and no need to deal with special permitting. This parcel has many options with the existing zoning code as well as the new. Buyer to do due diligence. Information available upon request. All offers considered.

Listing courtesy of MLSPIN / Olga Bassa / Century 21 Seaport

Last checked: Checking… • Last updated Jun 18, 2021 •

MLS# 72682707 —

Amenities & Taxes

The Building

Year Built:
2021
Year Built Source:
Public Record
Year Built Description:
Actual
Yes
Basement:
Basement Feature:
Partial
Foundation:
Poured Concrete
Foundation Size:
N/A
Number of Units:
12
Square Feet:
3000
SqFt Disclosure:
Assessor
Square Feet Source:
Other

Interior

Lead Paint:
Unknown

Financial & Terms

Price Per SqFt:
$650
Price Per SqFt:
$650
Status:
Under Agreement

Location

Directions:
Broadway to Cedar
Longitude:
-71.110599
Latitude:
42.394326

The Property

Property Type:
Multi-family
Area:
Ball Square
Lot:
`1
Lot Description:
Other (See Remarks)
Approximate Acres:
0.11
Approximate Lot Size:
4,792 Sqft
Beachfront Flag:
No
Zoning:
Ur

Listing Agent

Contact info:

Taxes

Tax ID:
752044

The Listing

Short Sale Approved:
No
Buyer's Brokerage Compensation:
2%

Utilities

Water:
City/Town Water
Sewer:
City/Town Sewer

Schools

Rating Details

Benjamin G. Brown School

  • Public
  • K-8
  • 0.3 mi

John F. Kennedy Elementary School

  • Public
  • K-8
  • 0.5 mi

Winter Hill Community School

  • Public
  • K-8
  • 0.6 mi

Arthur D. Healey School

  • Public
  • K-8
  • 0.8 mi

Somerville High School

  • Public
  • 9-12
  • 0.8 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

Flood likelihood over time

year probability
1y 1%
5y 6%
10y 12%
15y 20%
20y 29%
25y 38%
30y 47%

Because risk accumulates over time, this property has a 47% chance of flooding within the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

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WalkScore®

Provided by WalkScore® Inc.

Soundscore™

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Sale history

Date Event Source Price % Change
6/15/21
Pending MLSPIN $1,950,000
6/30/20
Listed / Active MLSPIN $1,950,000 50.0% (30.0% / YR)
6/18/20
Price Changed MLSPIN

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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