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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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43-45 Cross St , Somerville, MA 02145
$1,900,000
Est. Payment: $4,222.22/mo
0 Bed
0 Bath
0 Sqft
Status: Under Agreement | Days on site: 69
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AC2354 - NB111318
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House Description

Rare East Somerville Development Opportunity. A hard-to-find offering with exceptional redevelopment potential. This unique two-building, tear down two-parcel package at 43 & 45 Cross Street presents outstanding possibilities for residential, commercial, or mixed-use development, making it an ideal investment for builders, developers and investors. The property includes 10 dedicated parking spaces and offers flexibility for future expansion or redevelopment, with excellent potential for condominium development. Under current Somerville zoning, projects may allow units with or without parking, subject to approvals and buyer's due diligence. Perfectly positioned close to both the MBTA Orange and Green Line trains and minutes to I-93, Assembly Row, Union Square, and Downtown Boston, this prime location offers outstanding accessibility and lasting value. This is an estate sale subject to court approval. Buyer Agent/Buyers to perform all due diligence.

Highlights

Listed by Edward Accomando , 978-376-8835 REMAX Andrew Realty Services , 781-395-7676.

Property Type

Vacant Land

Lot/Acreage
0.19

Year Built

1900

County

Middlesex

Listing ID

73544198

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Level
Zoning:0
Sewer:Public Sewer
Principal Interest
$4,222
Taxes
$1,211

Home Price

$1,900,000

Loan Details

30 yrs
%

Down Payment

20%
$380,000
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Monthly Price:
$4,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,222.22 $1,211.25 $0.00 $5,433.47
Yearly $50,666.67 $14,535.00 $0.00 $65,201.67
Total $1,520,000.00 $436,050.00 $0.00 $1,956,050.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Somerville, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.