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17 Kensington Ave

somerville, MA 02145

$1,995,000

    Interested? Let's Connect

    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!

    Details

    0.23 Private Acres Lot Size

    land

    $13,891 Annual Tax

    MLS/Listing ID 73504116

    Amenities & Features

    Community - T-Station

    Community - Public School

    Community - Private School

    Community - Highway Access

    Community - Conservation Area

    Community - Bike Path

    Lot - Level

    Community - Park

    Community - Public Transportation

    Community - Shopping

    Lot - Sidewalks

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    • PRINCIPAL & INTEREST

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    • PROPERTY TAXES

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    • Common Charges

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