334 Washington Street, Somerville, MA 02143

$3,950,000

0 beds 0 baths 9,180 sqft Built 1920Active

About this home

334 Washington Street offers a compelling opportunity for investors, users, and business owners seeking to acquire a multi-tenancy industrial flex building strategically located between Union Square and Harvard Square. Spanning a total of 9, 180 square feet, the property is situated on a .24-acre parcel. Formerly utilized as a manufacturing facility, it features a drive-in garage door and ample parking space for six or more vehicles at the front. The property's FAB zoning permits a diverse range of flex uses. It is being sold vacant, providing potential buyers with immediate occupancy opportunities.

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

$22,487/mo

Real estate (PITI + HOA + PMI): $23,300
Utilities: $889
Transportation: $120
Other (entertainment): $157

Your monthly budget

Budget$22,987/mo

Remaining after TLC$500/mo

Purchase price

$3,950,000

Down payment

$197,500 (5%)

Loan amount

$3,752,500

APR

Quick facts

Type

COM

Style

—

Year built

1920

Lot size

0.24 ac

Stories

Heating

—

Cooling

—

Water

—

HOA

—

Annual tax

MLS #

73228741

County

Middlesex

Neighborhood — 02143

Metric	This ZIP	County	USA
Population	25,998	6,444,931	299,088,112
Population Change Since1990	-2.00%	7.00%	20.00%
Population Density	16,860	786	—
Male	12,855	3,127,134	147,432,321
Female	13,143	3,317,797	151,655,844
Never Married	12,051	1,612,885	63,775,926
Married	7,238	2,586,314	123,120,365
Separated	1,155	247,857	12,639,686
Widowed	1,217	363,594	15,467,586
Divorced	1,491	436,888	23,075,029
Number Of House Hold	11,443	2,431,591	111,826,380
Average House Hold Size	2.23	2.56	2.60
Medial Age	32.96	37.25	35.46
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 R	5.00%	5.00%	—
W C J	76.32%	81.38%	77.74%

(Zip) Code

2143

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

Map & walkability

Walk Score

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Listing information last refreshed 4/25/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.