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7 Washington St, Somerville MA 02143

$1,390,000

Estimated $16,963.74/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $1,390,000

Total Rent: 0/year

Estimated CAP Rate: -0.60%

0 Bedrooms

Baths

0 Parking Spots

0.07 acres

Investors, builders, & developers take notice on 7 Washington St! There is not a better opportunity to purchase and develop in a bustling area of Somerville! The property is currently a tenanted single-family on an MR-4 zoned lot allowing for 4 story development BY RIGHT. Whether condominiums, multi-family, or income investment this location is prime and ready to go. Highly accessible to all transportation, less than .4 miles to the green line extension, minutes to Sullivan Sq, Union Sq, & Rt 93. Only 2 miles to Boston’s North End and just 1 mile to Assembly Row and Encore Casino, endless dining and city life is right around the corner! Seller currently has ZBA Approved Plans for up to 10 Units that can be progressed or amended if buyer so desires, however the opportunities are abundant so bring your creativity. Perfect scenario to come collect rent as you plan your next move! Buyer and/or buyer's agents/representatives to do their own due diligence. Don’t miss this opportunity!

This home has been viewed 30 times

Last Updated: March 8th, 2025 at 5:28am

Gross Income: $0

Gross Expenses: $8,399

Net Income Calc: $-8,399

CAP Rate: -0.60%

Annual Expenses for 7 Washington St, Somerville MA 02143

Total Gross Expenses (Calculated)$8,399/year

APOD Available

Heating$0

Electricity$0

Water$0

Gas$0

Insurance$0

Sewer$0

Trash Removal$0

Repair & Maintenance$0

Management$0

Miscellaneous$0

Real Estate Tax$8,399

Annual Income & Unit Breakdown for 7 Washington St, Somerville MA 02143

Total Gross Income (Calculated)$0

Unit 1

Rental Income

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 7 Washington St, Somerville MA 02143

Listing ID73340638

Property TypeMulti Family / 5+ Family

Price$1,390,000

Style

CitySomerville

CountyMiddlesex

MLS AreaEast Somerville

Neighborhood(s)

Approximate Living Area Total

Approximate Lot Size (Acres)0.07 acres

Total Parking0

Garage Parking

Year Built1900

Year Built Source

Year RenovatedN/A

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningRC

Zoning DetailsOther (See Remarks)

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Interior Features for 7 Washington St, Somerville MA 02143

Disclosures for 7 Washington St, Somerville MA 02143

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation2%

Sub-Agent Compensation

Compensation Based On

Location Information for 7 Washington St, Somerville MA 02143

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Somerville

Area Amenities

Contact Information for 7 Washington St, Somerville MA 02143

Agent

Name: Piantidosi Group

MLS ID: TM336881

Office ID: AN8827

Phone: 978-423-5577

Office

Name: Coldwell Banker Realty - Andovers/Readings Regional

MLS Office ID: AN8827

Phone: 978-425-2201

Team Members

Name: Leah Piantidosi

MLS ID: CN236813

Office ID: AN8827

National Association ID: 456016092

Phone: 978-423-5577

Address: 311 Dale Street

City: North Andover

State: MA

Zip: 01845

Payment Calculator

, Interest

Property Taxes $8,399

Principal & Interest 8564.74

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Andovers/Readings Regional

Piantidosi Group

Agent Phone

(978) 423-5577

Office Phone

(978) 425-2201

Text Agent Call Agent Call Office

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                    [name] => LotSizeSquareFeet
                    [value] => 3,262 Sqft
                    [raw] => 3262
                    [unit_id] => 1
                )

[field_3230] => Array
                (
                    [field_id] => 3230
                    [type] => price
                    [name] => OperatingExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3231] => Array
                (
                    [field_id] => 3231
                    [type] => price
                    [name] => OriginalListPrice
                    [raw] => 1390000
                    [unit_id] => 260
                    [value] => $1,390,000
                    [price_only] => $1,390,000
                )

[field_3239] => Array
                (
                    [field_id] => 3239
                    [type] => select
                    [name] => TransactionBrokerCompensationType
                    [value] => %
                )

[field_3240] => Array
                (
                    [field_id] => 3240
                    [type] => text
                    [name] => UnparsedAddress
                    [value] => 7 Washington St, Somerville MA 02143
                )

[field_3241] => Array
                (
                    [field_id] => 3241
                    [type] => price
                    [name] => WaterSewerExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3246] => Array
                (
                    [field_id] => 3246
                    [type] => text
                    [name] => ZoningDescription
                    [value] => Other (See Remarks)
                )

[f_3247] => Array
                (
                    [field_id] => 3247
                    [type] => feature
                    [name] => BusinessType
                    [values] => Array
                        (
                            [0] => 5+ Residential
                        )

)

[field_3248] => Array
                (
                    [field_id] => 3248
                    [type] => datetime
                    [name] => OriginalEntryTimestamp
                    [value] => 04/03/2025 02:06:00
                )

[field_3265] => Array
                (
                    [field_id] => 3265
                    [type] => price
                    [name] => MLSPIN_GRE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3266] => Array
                (
                    [field_id] => 3266
                    [type] => price
                    [name] => MLSPIN_HTE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3281] => Array
                (
                    [field_id] => 3281
                    [type] => price
                    [name] => MLSPIN_MGF
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3282] => Array
                (
                    [field_id] => 3282
                    [type] => price
                    [name] => MLSPIN_MSE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3285] => Array
                (
                    [field_id] => 3285
                    [type] => price
                    [name] => MLSPIN_OPTIONAL_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3290] => Array
                (
                    [field_id] => 3290
                    [type] => price
                    [name] => MLSPIN_PRICE_PER_SQFT
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3292] => Array
                (
                    [field_id] => 3292
                    [type] => price
                    [name] => MLSPIN_RFS
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3293] => Array
                (
                    [field_id] => 3293
                    [type] => price
                    [name] => MLSPIN_RME
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3301] => Array
                (
                    [field_id] => 3301
                    [type] => select
                    [name] => RoomMasterBathroomFeatures
                    [value] => Yes
                )

[field_3303] => Array
                (
                    [field_id] => 3303
                    [type] => text
                    [name] => Co Agent Info
                    [value] => [{"id":"CN236813","name":"Leah Piantidosi","phone"
                )

[field_3306] => Array
                (
                    [field_id] => 3306
                    [type] => price
                    [name] => GrossScheduledIncome
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3311] => Array
                (
                    [field_id] => 3311
                    [type] => number
                    [name] => BRE_Total_Parking
                    [value] => 0
                )

[field_3320] => Array
                (
                    [field_id] => 3320
                    [type] => boolean
                    [name] => Waterfront
                    [value] => No
                )

)

[unit_level] => 
    [levels_in_unit] => 2025-03-03
    [construction_status] => 
    [laundry_features] => Array
        (
        )

[outdoor_space_available] => Array
        (
        )

[building_name] => 
    [pet_policy] => Array
        (
        )

[building_management] => Array
        (
        )

[number_of_units] => 1
    [units_owner_occupied] => 0
    [parking_features] => Array
        (
        )

[building_amenities] => Array
        (
        )

[owner_occupancy_source] => 
    [documents_available] => Array
        (
        )

[optional_price] => 0
    [optional_fee_includes] => Array
        (
        )

[structure_type] => Array
        (
        )

[complex_complete] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [date_available_note] => 
    [first_month_required] => Array
        (
        )

[last_month_required] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deposit_amount] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[lease_term] => Array
        (
        )

[interior_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[property_sub_type] => Array
        (
            [0] => Residential
        )

[number_of_lots] => Array
        (
        )

[gas] => Array
        (
        )

[cultivation_acres] => None
    [pasture_area] => None
    [timber_acres] => None
    [perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [association_required] => Array
        (
        )

[view] => Array
        (
        )

[deqe] => 
    [real_estate_tax] => $8,399
    [total_gross_income] => 0
    [total_gross_expense] => 8399
    [net_income_calc] => -8399
    [cap_rate] => -0.60%
    [apod_available] => Array
        (
        )

[heating_expense] => Array
        (
            [0] => $0
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[water_expense] => Array
        (
            [0] => $0
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[insurance_expense] => Array
        (
            [0] => $0
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[trash_expense] => Array
        (
            [0] => $0
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[management_expense] => Array
        (
            [0] => $0
        )

[miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[unit_1_rent] => Array
        (
        )

[unit_1_lease] => Array
        (
        )

[unit_1_bedrooms] => 
    [unit_1_bathrooms] => 
    [unit_1_floor] => 
    [unit_1_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_2_lease] => Array
        (
        )

[unit_2_bedrooms] => 
    [unit_2_bathrooms] => 
    [unit_2_floor] => 
    [unit_2_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_3_lease] => Array
        (
        )

[unit_3_bedrooms] => 
    [unit_3_bathrooms] => 
    [unit_3_floor] => 
    [unit_3_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_4_lease] => Array
        (
        )

[unit_4_bedrooms] => 
    [unit_4_bathrooms] => 
    [unit_4_floor] => 
    [unit_4_levels] => 
    [hot_water] => Array
        (
        )

[basement] => Array
        (
        )

[foundation_materials] => Array
        (
        )

[patio_and_porch] => Array
        (
        )

[zoning_details] => Other (See Remarks)
    [terms] => Array
        (
        )

[financial_data_source] => Array
        (
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $0
        )

[net_operating_income] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [price_per_unit] => 1390000
)

EXIT

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