Multi-Family for Sale: 60-62 Line St, Somerville, MA 02143

6 beds
3 full baths
3,027 sqft
$2,750,000
$2,750,000
60-62 Line St, Somerville, MA 02143
6 beds
3 full baths
3,027 sqft
$2,750,000
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Price:
$2,750,000

Type Multi-Family
Beds 6
Total Baths 3 full baths
Square Feet 3,027 sqft
Lot Size 0.21 acres
Year Built 1900

City Somerville
County Middlesex

MLS 73300850
Status Pending
DOM 74 days
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.

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $16,245
Water Public
Foundation Stone
Roof Rubber
Full Baths 3
Parking Off Street
Total Rooms 14
Garage Spaces 0

Price History of 60-62 Line St, Somerville, MA

Date Name Price Difference
10/10/2024 Listing Price $2,750,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$2,000,000
$695 / sqft
Average
$2,275,000
$777 / sqft
High
$2,500,000
$843 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Somerville 02143 6 3.0 $2,750,000 3,027 $908 N/A
21 Wellington Street Boston 02118 5 4.0 $2,325,000 2,940 $791 05/03/2024
521 Green Street Cambridge 02139 6 3.0 $2,000,000 2,879 $695 04/18/2024
14 Newell Brookline 02446 5 2.0 $2,500,000 2,964 $843 07/02/2024

Map of 60-62 Line St, Somerville, MA

Location Map Street View
Photo of Elizabeth Niemaszyk
Direct: 978-375-5778
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by RE/MAX Destiny, Sage Jankowitz
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1%
6.75%
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Monthly Taxes
Monthly HOA
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60-62 Line St (MLS #73300850) is a multi-family listing located in Somerville, MA. This multi-family listing is 3,027 sqft and on a lot of 9,018 sqft (or 0.21 acres) with 6 bedrooms, 3 baths and is 124 years old. This property was listed on 10/10/2024 and has been priced for sale at $2,750,000.

The 6 bedroom multi-family listing at 521 Green Street in Cambridge is nearby and sold for $2,000,000 on 04/18/2024. Another nearby 5 bedroom multi-family listing, 14 Newell in Brookline sold for $2,500,000 on 07/02/2024.

Nearby zip codes are 00000, 01239, 02138, 02139 and 02141. This property neighbors other cities such as Cambridge.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Destiny

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.