501 Mystic Valley Parkway, Somerville, MA 02144
501 Mystic Valley Parkway, Somerville, MA 02144
501 Mystic Valley Parkway, Somerville, MA 02144
501 Mystic Valley Parkway, Somerville, MA 02144
501 Mystic Valley Parkway, Somerville, MA 02144
501 Mystic Valley Parkway, Somerville, MA 02144
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$ 7,000,000
Est. payment | /mo

0.92 Acres Lot


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$ 7,000,000
Est. payment | /mo
Save

0.92 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73552820

HOA Y/N false

Annual Tax Amount $99

Tax Year 2099

Lot Size 0.920 Acres

Acres 0.92

Property Sub-Type Residential

Property Description

Presenting 501 Mystic Valley Parkway located in Somerville, Massachusetts. A proposed 0.92-acre site, for sixty-four (64) residential units. The existing building on the property has been recently demolished and due to recent changes to Somerville's zoning code 501 Mystic Valley now allows for multi-family development. This presents a rare opportunity to achieve significant density in a high-barrier-to-entry neighborhood. Ideally situated in Somerville's West Somerville neighborhood along Mystic Valley Parkway, the property boasts excellent access to local amenities, retail/shopping options, public transportation, major universities, and effortless access into or out of the city.

Location

State MA

County Middlesex

Zoning 99

Direction Located on Mystic Valley Parkway between Irvington Road and Capen Street

Building

Lot Description Level, Cleared

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Cushman & Wakefield

Get More Information On This Property

Adam Umina
Adam Umina

Broker License ID: 9569629

+1(617) 921-5866

9 Babcock St, Brookline, Massachusetts 02446, USA

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501 Mystic Valley Parkway

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