17 Clyde St Somerville, MA 02145
Investors, builders, and developers take notice! Amazing opportunity to develop (2) 3 family properties in a bustling area of Somerville. Property is currently a single-family residence with 8-car garage on a lot that sits in NR Zoning which along with MBTA Communities Law allows for subdivision and “by right” 3-unit build! Great area very close to Magoun Square T station and Maxwell’s Green. Property is ~equidistant to Davis, Ball, and Porter Squares. Highly sought-after neighborhood and minutes to Boston. This transaction is subject to a 24-Month Sale/Leaseback agreement for resident as well as the City of Somerville's Historic Preservation Commission's 18-month moratorium on demolition. Currently, one side of the lot allows for immediate subdivision and development. Sale/Leaseback provides buyer with income during the permitting process, a win-win for all. Buyer and/or buyer's agents/representatives to do their own full due diligence. Don’t miss this opportunity!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyMiddlesex
- Taxes$7,030
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusPending
- MLS ID Number73227612
- Home Size Source Public Records
- Year Built1886
- Lot Size0.18 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Paved DriveOff Street
- Parking Spaces 6
- Sewer Public Sewer
- Number of Stories 3
- Acreage 0.18
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 8
- Foundation Brick/Mortar
- Zoning NR
- Buyer Agent Compensation 2
- Facilitator Compensation 1
- Compensation Based On Net Sale Price
- Sub-Agency Relationship Offered No
- Garage 8
- Parking Features Paved DriveOff Street
Interior Features
- Fireplaces 0
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
- Lot Level
- Lot Features Level
Community Features
- Senior Community No
- MLS Area Magoun Square
- Adult Care Community No