$1,044,900
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359 Lowell Somerville, MA 02145
Single Family
Residence
2
Beds
3
Baths
...
Bed/Bath
4,326
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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UPDATED ZONING STUDY - 7 units /1 Affordable. Opportunity to acquire MR4 zoned parcel in Magoun Square, less than a ¼ mile from the newly opened Magoun Square GLX station. The 3,173 SF parcel abuts 3/4 of an Acre of MR4 zoned parcels on all sides and currently has a 4,350 SF existing structure gener...ating $4,132/month with leases ending 8/31/24. An initial massing study indicated a 4-story 6,375 SF structure consisting of up to 8 units may be feasible. 359 Lowel Street’s proximity to Magoun Square station is situated within a Transit Zone affording no minimum parking requirements.Existing structure consists of Two Levels, 2,150 SF each. Renovated 2 Bed 2 Bath unit on the top floor and flex/open space on the first floor. Great ceiling height on both floors. Lots of possible options to increase value over the term of ownership. . Seller and Broker make no representations, expressed or implied with respect to the development potential of the property.
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MLS#
73291603
Property Type
Single Family
Bedrooms
2
Bathrooms
2 Full/1 Half
Year Built
1910
Square Feet
4,326
sq. ft
Price per Sq. Ft.
$241.54
Lot Size
0.07
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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