CCertihomes
7 Washington St, Somerville, MA 02143

$1,675,000

17 beds 12 baths 10,537 sqft Built 2023177 days on marketActive

About this home

ATTENTION BUILDERS & DEVELOPERS... this project is ready to go! Somerville ZBA APPROVED plans for 10 residential units (8 Market Rate), offering thoughtfully designed studio, 1, 2 & 3 bedroom open concept unit layouts. Building to include tenant desired interior and exterior common space including amenities such as storage units, bike storage and roof deck. Whether condominium's or an income investment, there's not a better location! Highly accesible to all transportation, less than .4 miles to the green line extension, minutes to Sullivan Sq, Union Sq, & Rt 93. Only 2 miles to Boston’s North End and just 1 mile to Assembly Row, endless dining and city life is just around the corner!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$10,861/mo

Real estate (PITI + HOA + PMI)
$10,817
Principal + interest$7,597
Property tax + insurance$2,592
PMI / 2nd mortgage$628
Utilities
$897
Heating + cooling$287
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$157
$10,861/mo TLC
Budget$11,361/mo
Remaining after TLC$500/mo
Purchase price
$1,675,000
Down payment
$83,750 (5%)
Loan amount
$1,591,250
APR
4%

Quick facts

Type
5+ Family - 5+ Units Up/Down
Style
Year built
2023
Lot size
0.07 ac
Stories
4
Heating
Cooling
Water
Public
HOA
Annual tax
$7,870
MLS #
73175050
County
Middlesex

Home features

Sewer
Public Sewer

Lot features

Level

Neighborhood — 02143

MetricThis ZIPCountyUSA
Population25,9986,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density16,860786
Male12,8553,127,134147,432,321
Female13,1433,317,797151,655,844
Never Married12,0511,612,88563,775,926
Married7,2382,586,314123,120,365
Separated1,155247,85712,639,686
Widowed1,217363,59415,467,586
Divorced1,491436,88823,075,029
Number Of House Hold11,4432,431,591111,826,380
Average House Hold Size2.232.562.60
Medial Age32.9637.2535.46
Median House Hold Income$49,818$57,698$48,276
Average House Hold Income$56,671$75,023$63,629
P C I$25,726$29,196$24,529
M D I$42,538$48,105$41,133
A T H E$47,532$57,083$50,898
S T R5.00%5.00%
W C J76.32%81.38%77.74%
(Zip) Code
2143

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 10/28/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.

7 Washington St · Somerville — $1,675,000 · Certihomes