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176-182 BroadwaySomerville, MA 02145

In Contract

$2,999,900

Smart Buyer Rebate $15,000

DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. SELLER WILL NOT WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS. Possible buildout w/ TYPICAL CONSTRUCTION WILL ALLOW UP TO 28 UNITS and approx 31,970 gross sq ft of building and approx 1,125 average per unit size OR building as a NET ZERO BUILDING...YOU CAN PUT UP TO 37 MAXIMUM UNITS with approx 577 sq ft more or lessIncludes 2 parcels w/ over 11,000 sq ft of land, being sold as a package. ZONED MR5. Addtnl COMMERCIAL SPACE OF UP TO 5000 SQ FT is allowed. One parking space required per unit...there is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. Affordable requirement for City of Somerville is 20%. GREAT LOCATION rated a WALKER'S PARADISE SCORE OF 95. Insanely convenient...UNDER A MILE TO GREEN AND ORANGE LINE SUBWAY STOPS!

Listed by Stephen Bremis

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Steve Bremis Realty Group

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617-828-1070

Listed by The Steve Bremis Team

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Steve Bremis Realty Group

Last updated October 21, 2025

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Source: MLSPin #73443438

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Somerville
  • Bedrooms99
  • Bathrooms198
  • Days on Prevu7
  • Taxes$11,579/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/21/2025
Status changed to In Contract
$2,999,900
10/16/2025
Price Decreased
$2,999,900
10/14/2025
Listed by Steve Bremis Realty Group
$3,999,900

Property Details for 176-182 Broadway

Association

Amenities

  • Community Features: Public Transportation, Shopping, Highway Access, House Of Worship, Public School, T-Station

Exterior

Construction

  • Number Of Units Total: 5
  • Stories: 5
  • Stories Total: 5
  • Year Built: 1967
  • Year Built Details: Approximate
  • Construction Materials: Frame, Brick

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Units: Square Feet
  • Lot Size Acres: 0.27
  • Lot Size Area: 0
  • Lot Size Square Feet: 11,778
  • Lot Size Units: Acres

Financial

Taxes

  • Tax Annual Amount: $11,579.00
  • Tax Assessed Value: $1,772,400.00
  • Tax Year: 2022

Interior

Measurements

  • Living Area Source: Other

Rooms

  • Bathrooms Full: 99
  • Bathrooms Half: 99
  • Bathrooms Total Integer: 198
  • Bedrooms Total: 99
  • Rooms Total: 99

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 20

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.