Excellent development opportunity in Somerville, just 0.3 miles from East Somerville Green Line Station, on the bike path and great proximity to East Cambridge and downtown Boston. Located on the edge of the rapidly growing Inner Belt neighborhood, this ZBA-approved 3-unit condo project is ideal for developers or end users looking to create a community and build equity. The first floor unit features 4 beds and 2 baths (2843 SF); the middle unit offers 3 beds and 2 baths (1383 SF); and the penthouse unit includes 3 beds, 2.5 baths, and a roof deck (1590 SF including roof deck. The project comes with all site and architectural plans which are approved by the ZBA and is awaiting traffic plan analysis for final special building permit approval. Seller open to offers subject to building permit approval. Full package available upon request.
Presenting 371 Highland Avenue - LOCATION, LOCATION, LOCATION...a fully approved development site in Davis Square, Somerville. This 30,050 GSF project, approved for 23 units and 13 below-grade parking spaces, is ready for immediate construction.All necessary permits are secured, demolition is complete, and the site has a clean 21E. Comprehensive construction plans are available for your review. Located steps from the Vibrant Davis Square MBTA station (Green and Red lines), this property offers excellent access to nearby colleges, restaurants, shops, and nightlife. It presents a prime opportunity to develop either condominiums or rental properties, addressing the strong housing demand in this highly sought-after area.
Somerville is located in Massachusetts. Somerville, Massachusetts has a population of 80,608. Somerville is less family-centric than the surrounding county with 28.2% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Somerville, Massachusetts is $108,896. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Somerville is 31.8 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 48 inches per year, with 51.4 inches of snow per year.
