DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. SELLER WILL NOT WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS. Possible buildout w/ TYPICAL CONSTRUCTION WILL ALLOW UP TO 28 UNITS and approx 31,970 gross sq ft of building and approx 1,125 average per unit size OR building as a NET ZERO BUILDING…YOU CAN PUT UP TO 37 MAXIMUM UNITS with approx 577 sq ft more or lessIncludes 2 parcels w/ over 11,000 sq ft of land, being sold as a package. ZONED MR5. Addtnl COMMERCIAL SPACE OF UP TO 5000 SQ FT is allowed. One parking space required per unit…there is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. Affordable requirement for City of Somerville is 20%. GREAT LOCATION rated a WALKER’S PARADISE SCORE OF 95. Insanely convenient…UNDER A MILE TO GREEN AND ORANGE LINE SUBWAY STOPS!
Property Details
Price:
$2,999,900
MLS #:
73443438
Status:
Pending
Beds:
99
Baths:
148.5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Oct 14, 2025
Lot Size:
11,778 sqft / 0.27 acres (approx)
Year Built:
1967
Units:
5
See this Listing
Schools
Interior
Bathrooms
99 Full Bathrooms, 99 Half Bathrooms
Exterior
Community Features
Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station
Construction Materials
Frame, Brick
Parking Features
Paved Drive, Off Street
Parking Spots
20
Financial
Tax Year
2022
Taxes
$11,579
Map
Community
- Address176-182 Broadway Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02145
Subdivisions in Somerville
Market Summary
Current real estate data for Multi Family in Somerville as of Dec 09, 2025
53
Multi Family Listed
170
Avg DOM
440
Avg $ / SqFt
$2,091,651
Avg List Price
Property Summary
- 176-182 Broadway Somerville MA is a Multi Family for sale in Somerville, MA, 02145. It is listed for $2,999,900 To schedule a showing of MLS#73443438 at 176-182 Broadway in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Steve Bremis Realty Group. The property listing data and information 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 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 set forth herein.
176-182 Broadway
Somerville, MA