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17 Clyde St, Somerville, MA 02145
$1,695,000 Contingent
17 Clyde St, Somerville, MA 02145View this property at 17 Clyde St, Somerville, MA 02145
17 Clyde StSomervilleMA02145
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Property Description
Investors, builders, and developers take notice! Amazing opportunity to develop (2) 3 family properties in a bustling area of Somerville. Property is currently a single-family residence with 8-car garage on a lot that sits in NR Zoning which along with MBTA Communities Law allows for subdivision and "by right" 3-unit build! Great area very close to Magoun Square T station and Maxwell's Green. Property is ~equidistant to Davis, Ball, and Porter Squares. Highly sought-after neighborhood and minutes to Boston. This transaction is subject to a 24-Month Sale/Leaseback agreement for resident as well as the City of Somerville's Historic Preservation Commission's 18-month moratorium on demolition. Currently, one side of the lot allows for immediate subdivision and development. Sale/Leaseback provides buyer with income during the permitting process, a win-win for all. Buyer and/or buyer's agents/representatives to do their own full due diligence. Don't miss this opportunity!
Full Property Details
Full Property Details for 17 Clyde St
General
- Price: $1,695,000
- Taxes: $7,030 (2023)
- Status: Contingent
- Type: Commercial
- MLS ID: 73227505
- Updated: 4/29/2024
- Added to Site: 18 day(s) ago
Business
- Business Type: 5+ Residential
Parking
- Total Spaces: 8
Location
- Area: Magoun Square
- County: Middlesex
- Driving Directions: Use GPS
Structural Information
- Year Built: 1886
Lot Features
- Lot Size (Acres): 0.18
- Lot Dimensions: .18
- Zoning: Other (See Remarks)
Financial Considerations
- Tax Amount: $7,030
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2
- Facilitator Compensation: 1
- Disclosures/Rstr.: Home is fully occupied. Accompanied showings only. No person/s are allowed on the property without list agent or his representatives. Remarks include expressed opinions of seller & seller's representatives, buyer and buyer's agent to do their own full due diligence. Agent is related to seller.
- Property ID: M:33 B:G L:5, 752061
- Block/Lot/Section: G
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Schools
Schools serving 17 Clyde St
School District:Somerville Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
81 Highland Ave, Somerville, MA 02143 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17 Clyde St
Date
Details
Price
Change
Source
4/23/2024
Listed
$1,695,000
142.14%
MLS
4/11/2024
Sold
$700,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 17 Clyde St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,476
5%
$1,090,900
3%
2023
$10,941
7%
$1,058,100
5%
2022
$10,268
6%
$1,008,600
6%
2021
$9,706
6%
$952,500
5%
2020
$9,138
4%
$905,600
11%
2019
$8,762
15%
$814,300
21%
2018
$7,618
2%
$673,600
5%
2017
$7,482
4%
$641,100
12%
2016
$7,190
—
$573,800
1%
2015
$7,183
10%
$569,600
11%
2014
$6,517
—
$514,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 17 Clyde St
17 Clyde St, Somerville, MA 02145 (MLS# 73227505) is a Commercial property. 17 Clyde St is currently listed for $1,695,000 and was received on April 23, 2024. This property is listed by Leah Piantidosi from our Andover Office.Want to learn more about 17 Clyde St? Do you have questions about finding other Commercial real estate for sale in Somerville? You can browse all Somerville real estate or contact a Coldwell Banker agent to request more information.