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Excellent development opportunity on one of the most desirable streets in East Somerville. 32 Pinckney is a 3838 sq ft lot that allows by right, per zoning and attached feasibility study, a 3 family triple decker and a back yard cottage totaling 6476 gross sq ft and 6281 sq ft of sellable as condos. With projections indicating a return of 20% or more, this is a lucrative chance to capitalize on Somerville’s strong market and continued growth. Moments from Assembly Row, Union Square, Public Transit, with easy access to Boston, the location offers unmatched convenience and long-term value. Buyer to perform all due diligence. Feasibility Study attached. Design plans and site survey can be provided. Reach out for more information.
General Information for 32 Pinckney St Somerville, MA 02145 |
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Town | Somerville |
Village | East Somerville |
County | Middlesex |
Stories | 3 |
SQFT | 6,476 |
Status | Available |
Listing Number | 73435658 (MLSPIN) |
Rooms Information for 32 Pinckney St Somerville, MA 02145 |
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Interior Information for 32 Pinckney St Somerville, MA 02145 |
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Exterior Information for 32 Pinckney St Somerville, MA 02145 |
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Lot Size | 0.09 acres |
Lot Description | Cleared Gentle Sloping |
Lot | Cleared Gentle Sloping |
Water | Public |
Sewer | Public Sewer |
Neighborhood Information for 32 Pinckney St Somerville, MA 02145 |
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Miscellaneous Information for 32 Pinckney St Somerville, MA 02145 |
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Association Fee | 0 |
Comp | |
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Condo | Data |
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Units | 6,784 |
Avg Price | $933,821 |
Avg Days Listed | 95 |
Total New Listings | 32 |
House | Data |
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Units | 12,214 |
Avg Price | $1,264,595 |
Avg Days Listed | 83 |
Total New Listings | 4 |
Multi-Family | Data |
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Units | 2,068 |
Avg Price | $1,291,404 |
Avg Days Listed | 107 |
Total New Listings | 11 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
Address | Closing Date | List Price | Closing Price | % of List Price |
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Listing: 1 of 1 | Updated 54 minutes ago |