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$1,150,000
2 Beds
2 Baths1 full bath + 1 half bath
1,244sqft
496 Medford Street, Somerville, MA 02145
$1,150,000
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Single Family Residence
Built in 1920
$-- HOA
0.05 acre lot
$924/sq.ft
Description
Prime TOD opportunity in Somerville’s vibrant Magoun Square, steps from the Green Line Extension. This 2,240 SF MR-4 zoned lot with Pedestrian Street Overlay allows up to 4 stories—ideal for a mixed-use project with approx. 6 residential units above ground-floor commercial or amenity space. No parking requirements and flexible design standards support a walkable, transit-friendly concept aligned with the city’s smart growth vision. The lot’s dimensions allow for modern condo or townhouse-style layouts. Ground floor and basement are well-suited for retail, amenities, or storage, maximizing value and livability. Zoning analysis completed—developers can move quickly to desig...
Continue Reading- Houzeo last checked: 9 Minutes ago
- Listing updated: November 6, 2025 at 7:39 pm
- Listing Provided by: |
- Source: MLS Property Information Network-MA | MLS#: 73436389
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
1,244 sqft
Lot Size
0.05 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73436389
MLS Status
Active
Days on Market
80
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