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    36 Summer St.

    Somerville, MA 02143
    • $575,000
    • STATUS: Active
    • MLS #: 72639201
    UPDATED: 53 min ago
    $575,000
    • 0
      BEDS
    • 0.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Thalia Tringo of Thalia Tringo & Associates Real Estate, Inc..

    Description

    Across from Nunziato Field and steps to Union Square, this 1-story building with basement and tiny rear yard was used as a laundromat for several years. It is in NR zoning now. Buyer to perform due diligence to determine allowed uses under new zoning code adopted Dec. 2019. The current owners purchased it in April 2019 to relocate their retail business but have changed their plans. The property has been gutted and will be sold as is. Owners' architectural plans are available for review/reference. Excellent opportunity. Not suitable for conventional financing due to gut; explore construction/portfolio loans or cash options. Near restaurants, grocery stores, businesses, offices, parks, universities. Quick access to Boston and Cambridge by public transit, car, bike, or foot. Near several bus lines, including the CT2, 85, 86, 87, 88, and 91. Steps from long-awaited Union Sq. Green Line Extension subway stop (slated to open 2021). Close to Routes 93, 38, 28, 90, 16, and 2.

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    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. Data last updated 2020-11-23T13:07:08.03.
    www.refinderma.com/homes/104624062
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    36 Summer St. Somerville, MA 02143

    • Price: $575,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 72639201
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.02
    Acres
    1910
    Built
    Neighborhood:
    Union Square
    County:
    Middlesex
    Area:
    Union Square
    Property Description
    Across from Nunziato Field and steps to Union Square, this 1-story building with basement and tiny rear yard was used as a laundromat for several years. It is in NR zoning now. Buyer to perform due diligence to determine allowed uses under new zoning code adopted Dec. 2019. The current owners purchased it in April 2019 to relocate their retail business but have changed their plans. The property has been gutted and will be sold as is. Owners' architectural plans are available for review/reference. Excellent opportunity. Not suitable for conventional financing due to gut; explore construction/portfolio loans or cash options. Near restaurants, grocery stores, businesses, offices, parks, universities. Quick access to Boston and Cambridge by public transit, car, bike, or foot. Near several bus lines, including the CT2, 85, 86, 87, 88, and 91. Steps from long-awaited Union Sq. Green Line Extension subway stop (slated to open 2021). Close to Routes 93, 38, 28, 90, 16, and 2.
    Exterior Features

    Location Free StandingHighway AccessPublic TransportationNeighborhood Parking Spaces 0 Stories 1

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 788.00 Restrooms 1 Rsf Building Sq Ft 0.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 60200.00 Assessed Value Land 195200.00 Assessed Value Total 255400.00 Commercial Industrial Type Commercial Disclosure No Disclosures Sellers Do Not Want To Review Offers With An Escalation Clause. Sq Ft Does Not include Unfinished Basement. Property is Gutted And Safety PrecautionsBoth For Covid-19 And For Construction SiteMust Be Observed For Showings. Exchange No Lease No Lender Owned No Lot 1-A Mau Units 0 Ofu Units 0 On File21 E No Reu Units 1 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 4168.00 Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning Nr

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Thalia Tringo of Thalia Tringo & Associates Real Estate, Inc..


    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. Data last updated 2020-11-23T13:07:08.03.
     
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    Exit Realty
    191 South Main Street
    Middleton MA, 01949
    Listing courtesy of Thalia Tringo of Thalia Tringo & Associates Real Estate, Inc..