DESCRIPTION

Broadway Residences is a newly-constructed, transit-oriented, mixed-use investment property located at the corner of Broadway and Mt Pleasant Street in Somerville, Massachusetts. The subject property is comprised of a brand-new, five-story apartment building and three adjacent buildings that were gut-renovated in 2015 as part of the development (collectively, the Property). The Property contains a total of 19 residential units, 5 street-level retail suites and new, onsite, garage parking. The transit-oriented development is extremely well located in the East Somerville neighborhood, just steps from the MBTAs Sullivan Square Station, and within walking distance to the popular shopping, dining, fitness and entertainment options at Assembly Row.

KEY DETAILS
  • Price:
  • $13,500,000
  • Bedrooms:
  • 99
  • Full Baths:
  • 99
  • Half Baths:
  • 99
  • Square Footage:
  • 27,176
  • Acreage:
  • 0.27
  • Year Built:
  • 99
  • MLS #:
  • 72403007
  • Street Address:
  • 2 Broadway
  • City:
  • Somerville
  • State:
  • MA
  • Postal Code:
  • 02145
  • County:
  • Middlesex
  • Area:
  • East Somerville
  • Listing Status:
  • For Sale - Active

Building

  • :
  • 99
  • Amenities/Restrictions:
  • Public Transportation, Shopping, Park, Highway Access, T-Station, University
  • Approximate Total Liveable Area:
  • 27176.00
  • Construction Description:
  • Other (see Remarks)
  • Exterior Description:
  • Brick, Fiber Cement Siding
  • Exterior Features:
  • Other (see Remarks)
  • Foundation:
  • Other (see Remarks)
  • Has Basement:
  • Yes
  • Number Of Fireplaces:
  • 99
  • Number Of Units:
  • 24
  • Stories:
  • 5
  • Type Of Roof:
  • Rubber
  • Year Built Source:
  • Public Record

Land

  • Conforms To Zoning:
  • Tod55
  • Lot Description:
  • Corner
  • Lot Size:
  • 11761.20
  • Road Type:
  • Public

Money

  • Price Per Square Foot:
  • 496.76
  • Property Taxes:
  • $102,000
  • Tax Year:
  • 2018

Rooms

  • Total Rooms:
  • 198
  • Total Rooms:
  • 198

Structures

  • Garage Parking Spaces:
  • 10
  • Parking Description:
  • Off-Street, Other (see Remarks)
  • Parking Spaces:
  • 10

Systems

  • Existing Water:
  • City/Town Water
  • Sewage Type:
  • City/Town Sewer
  • Water Heater:
  • Natural Gas

Source

  • Listing Provided By Dennis Kelleher of Horvath & Tremblay
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NOTES

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