$2,450,000
$2,200,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
0.27 Acres Lot
SOLD DATE : 05/29/2026
Key Details
Sold Price $2,450,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73426189
Sold Date 05/29/26
HOA Y/N false
Year Built 1896
Annual Tax Amount $23,295
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Property Description
17 Monmouth Street offers a rare redevelopment or adaptive reuse opportunity in Somerville's vibrant Spring Hill neighborhood. The property includes a 6,667 SF structure on an oversized 11,582 SF NR-zoned lot, allowing for low-density residential uses, including multifamily or townhomes. The lot size may support a potential subdivision into two conforming lots, unlocking additional development value. The existing building's scale and prior institutional use suggest creative reuse potential for community or residential projects. Just minutes from Union Square and the Green Line Extension (GLX), this site provides excellent transit access in a rapidly evolving corridor. Surrounded by historic homes, new developments, and major public/private investment, this location is primed for growth. Buyers to perform all due diligence. No representations made by seller. A strategic opportunity for developers or investors in one of Greater Boston's most dynamic markets.
Location
State MA
County Middlesex
Area Spring Hill
Zoning NR
Direction GPS
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with The Moving Greater Boston Team • Berkshire Hathaway HomeServices Warren Residential
Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "






