13-17 Allen St Somerville, MA ^$ 6,400,000

13-17 Allen St

^$ 6,400,000

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13-17 Allen St

Somerville, MA, 02143

^$ 6,400,000

Studio Baths0.0

Monthly Estimate*

^$ 44,706

13-17 Allen St, Somerville, MA 02143 - Image 1

13-17 Allen St, Somerville, MA 02143 - Image 2

Studio

Lots and Land for sale in Somerville, MA

for $6,400,000. The lot size is 0.27.

The Lumina is a fully permitted and approved 40-unit development opportunity located in the heart of Union Square, Somerville, Massachusetts. This mid-rise building, encompassing 35,971 gross square feet with 28,949 net rentable square feet, is ready for construction to commence. It boasts a building permit, an open MWRA permit, and an available demolition permit. Approved for four stories, The Lumina is strategically placed adjacent to the new Union Square MBTA stop, meeting the growing demand for premium living spaces in this vibrant area.

Lots and Land Active

Price

^$ 6,400,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 99,999,999

Style

Level,Sidewalks

Lot Size

0.27

Town/City

Somerville

County/Region

Middlesex

MLS | Web ID

73209071

List By

Michael Kuritnik

Listing Agent

Greenville Real Estate Group, Inc.

Broker

Affordability Calculator

$8,378,039

Per Month

Monthly Principal & Interest: $44,706
Monthly Property Taxes: $8,333,333
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Lots and land listings in Somerville, MA

Average List Price ^$5,057,500

Percent of Sale Price 21%

About Somerville, MA

81,036 Population

5% Since 2002

^$82,952 Median Income

36.55 Median Age

16% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
3/6/2024	$6,400,000		Listed Price

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13-17 Allen St, Somerville, MA, 02143 is a Lots and Land for sale at $6,400,000 with a lot size of 0.27. 13-17 Allen St is a studio with 0.0 baths. The property's zip code is 02143 which is in Somerville, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 4/28/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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13-17 Allen St

Lots and Land for sale in Somerville, MA

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