#73295597, Dana Ford, Listing Office: LAER Realty Partners
111 Washington St Somerville, MA 02143
Property details
About 111 Washington St
Calling all investors & developers; Prime Somerville investment opportunity in this transit-oriented location. The top floor was renovated in 21', while the vacated unit was just refreshed and ready to fetch market rent. The building was extensively rehabbed 20 years ago including plumbing, electrical, insulation, siding roof, etc. This property sits within an MR-4 zoning overlay, allowing for Mixed-Use development, up to 4 stories, by right. This 2-family, sits across the street from the East Somerville GLX; couple that with Sullivan Sq, and it offers swift access to the City of Boston, making it an attractive add to your portfolio . Residents enjoy the convenience of the Community Bike Path; with easy access to several neighborhoods including Union Sq, Charlestown & Cambridge Crossing. Entertainment galore with Assembly Row & Encore Casino at your fingertips. With the flourishing life science activity, leverage the dynamic growth of Somerville & Cambridge. Ask agent for plans.
Highlights
Summary
- MLS Number: 73334119
- MLS Name: MLS Property Information Network
- Office Name: Coldwell Banker Realty - Boston
- Office Phone: (617) 266-4430
- Listing Agent: Sabbor Sheikh
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Last updated on: 3/4/2025, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,429,000
111 Washington St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 12, 1996 | Home Sold | $60,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $798,800 | $8,403 |
2023 | $771,000 | $7,972 |
2022 | $737,800 | $7,511 |
2021 | $712,400 | $7,259 |
2020 | $678,100 | $6,842 |
2019 | $572,400 | $6,159 |
History based on county public records data.
Nearby schools
4
King Open
Public District PK-5
0.7 mi
•850 Cambridge St
5
Kennedy-Longfellow
Public District PK-5
0.8 mi
•158 Spring St
8
Cambridgeport
Public District PK-5
1.0 mi
•89 Elm St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,011. Typical income of Somerville, MA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 111 Washington St in Somerville, MA and zip code 02145 in the East Somerville neighborhood. This 2,016 square foot home, which was built in 1890, sits on a 0.07 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $1,429,000.
While more than 11 listings in Somerville, MA in February 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. In February 2025 in Somerville, MA there were 3.8% more homes for sale than in January. In February 2025 median list price was $1,110,000 and the average listing age was 36 days.