Introducing 17 Kensington Avenue in Somerville- your opportunity to raze an existing single story commercial building and construct a new 4 story, 19-unit building in its place. The new building can be built for sale or for rent and the project is designed with 4-5 units per floor and a gross building area of 25,293 sq/ft. The unit mix includes (15) 2 bedroom/2 bath residences and (4) 1 bed/1 bath residences. Four units are to be designated affordable. Most residences have private outdoor space + the plans also call for a common roof deck! The lot is 10,006 sq/ft and is a rectangle with its long side fronting on Kensington Avenue. The property is located on a sleepy side street off of Broadway in a rapidly developing neighborhood w/easy access to shopping + restaurants and is only a half mile from the Assembly Square Orange Line T. The property is offered w/the land, existing building + a full set of architect drawings ready to submit. Make this your next project!
- Sewer:
- On-site
- Water:
- On-site
- Electric Feature:
- On-site
- Gas:
- At Street
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- UR
- Orig Price:
- $2,300,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Somerville
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02145
- Longitude:
- W72° 54' 48.9''
- Latitude:
- N42° 23' 24.2''
Land
17 Kensington Avenue, Somerville, Massachusetts
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $2,300,000
- Lot Area :
- 0.23 Acre
- Listing ID :
- 73474968
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com