17 Clyde St Somerville, MA 02145
Listing Courtesy of: MLS PIN / Coldwell Banker Realty / Leah Piantidosi

  17 Clyde St Somerville, MA 02145

Contingent (12 Days)

Description

Investors, builders, and developers take notice! Amazing opportunity to develop (2) 3 family properties in a bustling area of Somerville. Property is currently a single-family residence with 8-car garage on a lot that sits in NR Zoning which along with MBTA Communities Law allows for subdivision and “by right” 3-unit build! Great area very close to Magoun Square T station and Maxwell’s Green. Property is ~equidistant to Davis, Ball, and Porter Squares. Highly sought-after neighborhood and minutes to Boston. This transaction is subject to a 24-Month Sale/Leaseback agreement for resident as well as the City of Somerville's Historic Preservation Commission's 18-month moratorium on demolition. Currently, one side of the lot allows for immediate subdivision and development. Sale/Leaseback provides buyer with income during the permitting process, a win-win for all. Buyer and/or buyer's agents/representatives to do their own full due diligence. Don’t miss this opportunity!

MLS #:
73227612
Taxes
$7,030(2023)
Lot Size
7,840 SQFT
Type
Multifamily
Year Built
1886
County
Middlesex County

Listed By

Leah Piantidosi, Coldwell Banker Realty
Source
MLS PIN
Last checked May 6 2024 at 1:03 AM GMT+0000
Bathroom Details
Lot Information
  • Level
Property Features
  • Fireplace: 0
  • Foundation: Brick/Mortar
Utility Information
  • Sewer: Public Sewer
Garage
  • Garage
Parking
  • Total: 6
  • Off Street
  • Paved Drive
Stories
  • 3
Additional Listing Info
  • Buyer Brokerage Commission: 2
Location
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Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords 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, leasing or renting 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, leasing or renting. 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. © 2024 MLS Property Information Network, Inc.. 5/5/24 18:03

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