Residential Land For Sale
$3,950,000
10 Corinthian Rd
Somerville, Massachusetts, United States
Listed By: Realtyww Info
Listed On: 08/02/2024
Listing ID: GL11737594 View More Details
Description
Offered for sale is a rare to market 12-unit boutique condo project in close proximity to Davis Square delivered with zoning approvals. The site is located adjacent to world-renowned Tufts University and a short walk to the Davis Square Transit Station. The development boasts 15, 691 GSF across 12 Market Rate units with 8-9 off-street surface parking spaces and dedicated outdoor space for each unit. The unit mix consists of (2) 1-Beds, (6) 2-Beds and (4) 3-Beds. Recent sales comps in the immediate vicinity project a sellout of $13, 274, 500 imputing a 34.97% Return on Cost and an Equity Multiple of 2.4. Project can also be delivered with a building permit for additional consideration.For more details:
Listed by: Ryan Taylor
