43-45 Cross St - Apartments FOR SALE


Somerville, MA 02145- East Somerville
$2,500,000 USD
617-840-5499
43-45 Cross St, Somerville, MA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

NEW


43-45 Cross St
Somerville, MA 02145
East Somerville


OVERVIEW

Rare East Somerville Development Opportunity. A hard-to-find mixed-use offering with exceptional redevelopment potential. This unique two-building, two-parcel package at 43 & 45 Cross Street presents outstanding possibilities for residential, commercial, or mixed-use development, making it an ideal investment for builders, developers and investors. The property includes 10 dedicated parking spaces and offers flexibility for future expansion or redevelopment, with excellent potential for condominium development. Under current Somerville zoning, projects may allow units with or without parking, subject to approvals and buyer's due diligence. Perfectly positioned close to both the MBTA Orange and Green Line trains and minutes to I-93, Assembly Row, Union Square, and Downtown Boston, this prime location offers outstanding accessibility and lasting value. This is an estate sale subject to court approval. Buyer Agent/Buyers to perform all due diligence.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$339 USD /SF

# OF UNITS

5

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

43-45 Cross Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RB

APN/PARCEL ID

SOME-000090-H000000-000021

ASK ABOUT THIS PROPERTY

John VenezianoREMAX Andrew Realty ServicesMore Info
617-840-5499

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John VenezianoREMAX Andrew Realty ServicesMore Info
617-840-5499

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.