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 2 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.
Property Details
Property Features
Property Information:
Year Built: 1900
Living Area: 3,027 SqFt
Listing Office:
Office Name: RE/MAX Destiny
Office Phone: (617) 576-3800
Listing Agent: Sage Jankowitz
Interior Features
Interior Information:
Flooring Type: Wood
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 6
Exterior Features
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot: Wooded, Level
Lot Size: 0.21 Acres
Other
Directions Information:
Directions: Use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $2,750,000
Price Per SqFt: $908/SqFt
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Housing Market Comparison
See how this home compares to others in Somerville, MA.
This property is $1.6M more than the Median Sold Price and $278/SqFt more than other homes in Somerville, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73300850
Listing Office:
Office Name: RE/MAX Destiny
Office Phone: (617) 576-3800
Listing Agent: Sage Jankowitz
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Cambridgeport
89 Elm St
Distance between this listing and this school0.43 miles
Public District Grades PK-5
4
/10
King Open
850 Cambridge St
Distance between this listing and this school0.60 miles
Public District Grades PK-5
6
/10
Fletcher/Maynard Academy
225 Windsor St
Distance between this listing and this school0.63 miles
Public District Grades PK-5
Nearby Schools
4
/10
Albert F. Argenziano School at Lincoln Park
290 Washington St
Distance between this listing and this school0.39 miles
Public District Grades PK-8
4
/10
Cambridge Street Upper School
840 Cambridge St
Distance between this listing and this school0.61 miles
Public District Grades 6-8
6
/10
Putnam Avenue Upper School
100 Putnam Ave
Distance between this listing and this school0.72 miles
Public District Grades 6-8
Nearby Schools
6
/10
Cambridge Rindge and Latin
459 Broadway
Distance between this listing and this school0.47 miles
Public District Grades 9-12
3
/10
Prospect Hill Academy Charter School
50 Essex St
Distance between this listing and this school0.49 miles
Public Charter Grades KG-12
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school0.93 miles
The neighbors living near this home have an average income of $83,299. Residents of Somerville, MA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 60-62 Line St in Somerville, MA and zip code 02143 in the Cobble Hill / Ward 2 neighborhood. This 3,027 square foot home, which was built in 1900, sits on a 0.21 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $2,750,000.
In October 2024, from all listings sold in Somerville, MA there were more than 12 sold above asking price, over 23 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Somerville, MA increased by 8.5% between September 2024 and October 2024. In October 2024 median list price was $1,098,130 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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