$2,450,000
$2,750,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
60-62 Line St Somerville, MA 02143
6 Beds
3 Baths
3,027 SqFt
Key Details
Sold Price $2,450,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,027 sqft
Price per Sqft $809
MLS Listing ID 73300850
Sold Date 05/08/25
Bedrooms 6
Full Baths 3
Year Built 1900
Annual Tax Amount $16,245
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
3 Family with significant development potential near Harvard. 60-62 Line Street is just blocks to Harvard Square, CHA Cambridge Hospital, Union Square, and Inman Square. With a large 9,000+ sq ft lot, there is potential to develop 6+ units with 6 parking spots on the property. Feasibility study is available upon request. The lot currently contains a 3-family property with 6 beds and 3 baths and has over 3,000 sq ft of living area. The first floor unit has a tenant at will. The second and third floor units are vacant. Extremely unique opportunity for both developers or primary buyers looking to build their dream home with or without rental income. Located on a quiet one-way street but just minutes to cafes, shops, restaurants and public transportation. Opportunities like this do not come along often. Buyers to do their own due diligence regarding any development opportunities.
Location
State MA
County Middlesex
Zoning RB
Direction Use GPS
Interior
Flooring Wood
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
Utilities Available for Gas Range
Roof Type Rubber
Total Parking Spaces 5
Garage No
Building
Lot Description Wooded, Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Sage Jankowitz • RE/MAX Destiny
