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BROADWAY SOMERVILLE, MA 02145
- Single Family Home / REO Foreclosure
Property Details for BROADWAY St, SOMERVILLE, MA 02145
Features
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- Heating : View Details
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Facts
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Description
This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.
This is a development opportunity. Property to be built by buyer and will be sold permitted for 7 Units on the Medford Somerville line. This property sits on both Medford and Somerville and will be sold with a permit to build 7 market rate residential units (no affordable units). The unit mix includes Six 2 bedrooms 2 bathrooms + Den and a One 1 Bedroom unit. Lot totals 7000 sqft and the Gross Building Square Footage is 5387 sqft. This project will be sold shovel ready and is conveniently located steps from Ball Square Green Line T Stop and Tufts University and 1 mile from Porter Square and Redline T Station.
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