Address
10 Oak Street, Somerville, MA
Price
$ 1,195,000
Property Attributes
  • MLS#73112176
  • TypeLand
  • CountyMIDDLESEX
  • CitySomerville
  • AreaInman Square
  • Zip02143
  • StyleLevel
  • Taxes$ 7766
  • Price$ 1,195,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Rare development opportunity located between Cambridge’s Inman Square and Somerville’s Union Square. Less than two minutes from the new MBTA station, this property is in the center of it all. For a more extensive project, the owner is also selling an abutting lot at 91 Prospect Street, an approximately 1,040 SF industrial building sitting on a 4,356 SF lot positioned in UR zoning. Buyers to perform their own development due diligence and feasibility. Don’t miss out on this opportunity.

Price History
5/16/2023 Listed $1,195,000

General Features

Association Y/N No
Building Area Units Square Feet
City Somerville
Community Features Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station, University
Compensation Based On Gross/Full Sale Price
County Middlesex
Directions Take Cambridge Street Cambridge to Oak Street Somerville.
Disclosures Principle broker has interest in property. The existing structure has been removed. Buyers must do their own due diligence on any/all zoning and building assumptions. Seller and Broker make no repres
Electric On-Site
Gas Y/N On-Site
Home Warranty Y/N No
Lot Size Square Feet 3484
MLS Area Inman Square
Property SubType Residential
Property Type Land
Senior Community Y/N No
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Oak Street
Sub-Agency Relationship Offered No
Tax Annual Amount 7766
Tax Assessed Value 751100
Tax Year 2023
Waterfront Y/N No
Zoning UR

Interior Features

Electric On Property Y/N Yes

Exterior Features

Facilitator Compensation 2.0%
Facilitator Compensation Type %
Lot Features Level
Lot Size Acres 0.08
Lot Size Area 0.08
Lot Size Units Acres
Road Frontage Type Public
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 02143

Price
AVG $3.27M
$1.2M
Taxes
AVG $11,428
$7,766
Visits
AVG 177
262
Data Provided by Inside Real Estate®
Walkscore
AVG 97
96
Data Provided by Walkscore® not using MLS data

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