$1,150,000
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496 Medford Street Somerville, MA 02145
Single Family
Residence
2
Beds
2
Baths
...
Bed/Bath
1,244
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Prime TOD opportunity in Somerville’s vibrant Magoun Square, steps from the Green Line Extension. This 2,240 SF MR-4 zoned lot with Pedestrian Street Overlay allows up to 4 stories—ideal for a mixed-use project with approx. 6 residential units above ground-floor commercial or amenity space. No parki...ng requirements and flexible design standards support a walkable, transit-friendly concept aligned with the city’s smart growth vision. The lot’s dimensions allow for modern condo or townhouse-style layouts. Ground floor and basement are well-suited for retail, amenities, or storage, maximizing value and livability. Zoning analysis completed—developers can move quickly to design and permitting. A rare blend of timing, location, and zoning flexibility in one of Greater Boston’s most in-demand neighborhoods. Strong market comps, buyer demand, and local precedent make this a standout infill opportunity.
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MLS#
73436389
Property Type
Single Family
Bedrooms
2
Bathrooms
1 Full/1 Half
Year Built
1920
Square Feet
1,244
sq. ft
Price per Sq. Ft.
$924.44
Lot Size
0.05
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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