297 Medford St Somerville, MA
$4,999,900
Acres 0.33
Description
297 Medford Street, Somerville, MA: Prime land for sale with significant development potential. This strategically located property boasts a spacious lot, offering development for 33 units by right. It presents an ideal opportunity for investors and developers seeking to capitalize on the vibrant Somerville real estate market. Proximity to Gilman Square, shopping easy access to Boston and the thriving community enhances its appeal. Explore the potential of this well-situated parcel for a lucrative and impactful development.
Listed by Compass, Mike Cohen
Details
MLS 73198957
Status Pending
Price $4,999,900
DOM 314 days
Type Lot/Land
Lot Size 0.33 acres
Lot & Building Features
Sewer Public Sewer
Tax Year 2023
Taxes Paid $11,833
Water Public
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.