36 Summer Street, Somerville, MA 02143


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  • Single Family Home
  • PRICE CHANGED: $625,000
  • Bathrooms: 0.5
  • Square Feet: 788
  • Taxes: $4,168
  • Year Built: 1910
  • MLS Number: 72639200
  • Status: Active

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Community Information

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Description

Across from Nunziato Field and steps to Union Square, this 1-story building with basement and tiny rear yard was used as a laundromat for several years. It is in NR zoning now. Buyer to perform due diligence to determine allowed uses under new zoning code adopted Dec. 2019. The current owners purchased it in April 2019 to relocate their retail business but have changed their plans. The property has been gutted and will be sold as is. Owners' architectural plans are available for review/reference. Excellent opportunity. Not suitable for conventional financing due to gut; explore construction/portfolio loans or cash options. Near restaurants, grocery stores, businesses, offices, parks, universities. Quick access to Boston and Cambridge by public transit, car, bike, or foot. Near several bus lines, including the CT2, 85, 86, 87, 88, and 91. Steps from long-awaited Union Sq. Green Line Extension subway stop (slated to open 2021). Close to Routes 93, 38, 28, 90, 16, and 2.


Directions

Summer St. (2-way) at the base of Putnam St., near Church St.


Mortgage Payments

The approximate monthly Principal & Interest payment for this property would be $3,019.62. This payment is based on a 30-year loan at a fixed rate of 5.0% with a down payment of $62,500. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

Features

  • Number of rooms: 1
  • Frame exterior
  • Lot acreage is: 0.02
  • Lot zoned: RB
  • Laminate flooring
  • Rubber roof
  • Tar and gravel roof
  • Unfinished basement
  • City sewer
  • City water
  • Tax year: 2020


Information Deemed Reliable But Not Guaranteed.

Data last updated: 7/9/2020


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Courtesy of:
Thalia Tringo & Associates Real Estate, Inc., Thalia C. Tringo
© 2020 MLS Property Information Network, Inc;
The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc.
and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Berkshire Hathaway HomeServices Commonwealth Real Estate | 12 Huron Drive, Natick, MA 01760 | Phone: (508) 810-0700

© 2020 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity. Equal Housing Opportunity
Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.

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