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359 Lowell St, Somerville, MA 02145
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$1,044,900
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Home Details for 359 Lowell St
Price
$1,044,900
Type
Single Family
Bedrooms
2
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Year Build
1910
Sq. Ft.
4326
Lot Size
0.07
County
Middlesex
Total Rooms
7
Tax
$10,787.21
MLS®️ Listing#
73291603
On exitrealty.com
338 days
Property Description
UPDATED ZONING STUDY - 7 units /1 Affordable. Opportunity to acquire MR4 zoned parcel in Magoun Square, less than a ¼ mile from the newly opened Magoun Square GLX station. The 3,173 SF parcel abuts 3/4 of an Acre of MR4 zoned parcels on all sides and currently has a 4,350 SF existing structure generating $4,132/month with leases ending 8/31/24. An initial massing study indicated a 4-story 6,375 SF structure consisting of up to 8 units may be feasible. 359 Lowel Street’s proximity to Magoun Square station is situated within a Transit Zone affording no minimum parking requirements.Existing structure consists of Two Levels, 2,150 SF each. Renovated 2 Bed 2 Bath unit on the top floor and flex/open space on the first floor. Great ceiling height on both floors. Lots of possible options to increase value over the term of ownership. . Seller and Broker make no representations, expressed or implied with respect to the development potential of the property.
- Cooling Information
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- Central
- Water Features
- Public
- Parking
- Paved
Listing Courtesy: Fortune RE - 617-874-1000. Presented by: Ryan Taylor
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein. Copyright ©2025 MLS Property Information Network, Inc. All Rights Reserved.
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$1,044,900
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EXIT BAYSIDE REALTY
1827 Dorchester Avenue, Boston, MA 02124
Proudly serving the areas of Braintree, Milton, Quincy, South Boston