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1-3 Woodbine Street Somerville, MA 02143
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 73467482
HOA Y/N false
Annual Tax Amount $9
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Residential
Property Description
Transit-oriented luxury multifamily development opportunity ideally located adjacent to the recently improved Junction Park. The proposed development will benefit from unobstructed park views on a corner location at Woodbine and Centre Street.The current owner is in the process of expanding the lot to approximately 4,860 square feet, with final land consolidation expected to be approved in February. Architectural plans and renderings have been prepared for a thoughtfully designed four-unit project consisting of a three-unit primary building and a detached rear cottage. The proposed design leverages the existing two-family structure, significantly reducing construction costs and development risk while maximizing density and end value. A compelling opportunity for developers seeking a plan-ready, transit-oriented project in a high-demand Somerville location.
Location
State MA
County Middlesex
Zoning 9
Direction Accessible via Albion St or Lowell St. Public transit via Magoun Sq green line.
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Private School, Public School, T-Station, University
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Boston Realty Advisors