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43-45 Cross Street 43-45 Cross St 3 Unit Apartment Building $2,500,000 ($833,333/Unit) Somerville, MA 02145
Executive Summary
Rare East Somerville Development Opportunity. A hard-to-find mixed-use offering with exceptional redevelopment potential. This unique two-building, two-parcel package at 43 & 45 Cross Street presents outstanding possibilities for residential, commercial, or mixed-use development, making it an ideal investment for builders, developers and investors. The property includes 10 dedicated parking spaces and offers flexibility for future expansion or redevelopment, with excellent potential for condominium development. Under current Somerville zoning, projects may allow units with or without parking, subject to approvals and buyer's due diligence. Perfectly positioned close to both the MBTA Orange and Green Line trains and minutes to I-93, Assembly Row, Union Square, and Downtown Boston, this prime location offers outstanding accessibility and lasting value. This is an estate sale subject to court approval. Buyer Agent/Buyers to perform all due diligence.
Property Facts
| Price | $2,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $833,333 | Building Class | C |
| Sale Type | Investment or Owner User | Lot Size | 0.11 AC |
| No. Units | 3 | Building Size | 7,377 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | RB - Triplex | ||
| Price | $2,500,000 |
| Price Per Unit | $833,333 |
| Sale Type | Investment or Owner User |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 7,377 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | RB - Triplex |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Number | SOME-000090-H000000-000021 | Improvements Assessment | $650,200 |
| Land Assessment | $435,000 | Total Assessment | $1,085,200 |
Property Taxes
Parcel Number
SOME-000090-H000000-000021
Land Assessment
$435,000
Improvements Assessment
$650,200
Total Assessment
$1,085,200
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43-45 Cross Street | 43-45 Cross St