13-17 Allen Street

Somerville, MA 02143

$6,400,000
Price
11,761 / 0.27
Lot Size / Acres

Description

The Lumina is a fully permitted and approved 40-unit development opportunity located in the heart of Union Square, Somerville, Massachusetts. This mid-rise building, encompassing 35,971 gross square feet with 28,949 net rentable square feet, is ready for construction to commence. It boasts a building permit, an open MWRA permit, and an available demolition permit. Approved for four stories, The Lumina is strategically placed adjacent to the new Union Square MBTA stop, meeting the growing demand for...The Lumina is a fully permitted and approved 40-unit development opportunity located in the heart of Union Square, Somerville, Massachusetts. This mid-rise building, encompassing 35,971 gross square feet with 28,949 net rentable square feet, is ready for construction to commence. It boasts a building permit, an open MWRA permit, and an available demolition permit. Approved for four stories, The Lumina is strategically placed adjacent to the new Union Square MBTA stop, meeting the growing demand for premium living spaces in this vibrant area.
  1. Listed by Michael Kuritnik • Greenville Real Estate Group, Inc.

Property Details for 13-17 Allen Street

Town
Somerville
MLS Area
Union Square
Area
MA-Somerville-Union Square, MA-Somerville

Location

Listing Courtesy of Greenville Real Estate Group, Inc., Michael Kuritnik
Add your commute
LISTING UPDATED: 03/10/2024 03:09 AM

Property Details for 13-17 Allen Street

StatusActive
MLS #73209071
Days on Market56
Taxes$99,999,999 / year
HOA Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
CountyMiddlesex County

Location

Listing Courtesy of Greenville Real Estate Group, Inc., Michael Kuritnik
Add your commute

Building Information for 13-17 Allen Street

Lot Size0.27 AC

Payment Calculator

$8,368,261 per month

30 year fixed, 7.25% Interest

Principal and Interest

$34,927

Property Taxes

$8,333,333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13-17 Allen Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park
  • Waterfront: No
  • Water View: No
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Level, Sidewalks
Utilities
  • Electric: At Street
  • Gas: At Street
  • Sewer: At Street
  • Water: At Street
Property Information
Property Info
  • Documents Available: Legal Description, 21E Certificate, Building Permit, Land Survey, Aerial Photo, Drawings
  • Documents Count: 6
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 5229580
  • Assessments: $999,999,999
  • Book: 999999
  • Tax Year: 9999
  • Zoning: 9999999999
Building / Association Information
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 13-17 Allen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13-17 Allen Street

Taxable ValueLand$3,130,200Additions-Total$3,130,200
Tax Record2024$32,930 ($2,744 / month)
Home Facts
Beds0Lot Size11,412 SqFtStyleResidentialCountyMIDDLESEXAPNSOME M:82 B:D L:12 U:A

Schools near 13-17 Allen Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 7 to 8
Rating
School
Distance
Somerville High School
Public9 to 12

E Somerville Community
PublicK to 8

Next Wave Junior High School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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13-17 Allen Street is a 0.27 ac of land for sale in Somerville, MA 02143. This property was listed for sale on March 6, 2024 by Greenville Real Estate Group, Inc., it's currently listed at $6,400,000. This listing's school district is Somerville School District. Nearby schools include Albert F. Argenziano School At Lincoln Park, Somerville High School and E Somerville Community. 13-17 Allen Street is a 0-bed, 0-bath, 0.27 ac of land on a 11,761 sq. ft. / 0.27 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Greenville Real Estate Group, Inc., Michael Kuritnik

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.