60-62 Line StreetSomerville, MA 02143MLS Number 73300850

  • Price: $2,750,000
  • Est. Mortgage of $/month
  • 163 Days on Market
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Federal 30-year interest rate: 6.67% last updated on Mar 20, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
60-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 0214360-62 Line Street Somerville MA 02143
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  • 6Bedrooms
  • 0.21Acreage
  • 3Bathrooms
  • 1900Year Built
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.
Listed by Sage Jankowitz of RE/MAX Real Estate Center

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $25,200
  • Lot Features Wooded, Level
  • Mls StatusUnder Agreement
  • Parcel Number M:66 B:D L:19

Location

  • Address60-62 Line Street
  • Building Number60-62
  • CountyMiddlesex
  • StateMA
  • StreetLine Street
  • TownSomerville
  • Zip02143

Exterior

  • RoofRubber

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails

Tax Information

  • Tax Assessed Value $1,544,200
  • Tax Year 2024
  • Taxes$16,245

Basic Information

  • List Price$2,750,000
  • MLS Number73300850
  • Modification Date03/03/2025
  • Property SubType3 Family - 3 Units Up/Down
  • Purchase Contract Date12/10/2024

Property

  • Acreage0.21

Interior

  • Flooring Wood

Property Information

  • Building Area Source Public Records
  • Living Area 3,027
  • Lot Size Square Feet 9,018
  • Lot Size Units Acres
  • Square Feet3,027

Parking

  • Parking Features Off Street
  • Parking Spaces5

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Building

  • Building Area Units Square Feet
  • FoundationStone
  • Levels 6
  • Rooms14
  • Stories6
  • Units3
  • Utilities For Gas Range
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Other

  • Date Listed10/10/2024
  • Farm Land Area Units Square Feet
  • View Count14
Listed by Sage Jankowitz of RE/MAX Real Estate Center

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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