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238 Washington Street, 269 Somerville Ave, 273 Somerville Ave & Rear Somerville Ave
Somerville, MA 02140
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.4 acres <ul><li>Cc5 zone</li><li>Maximum density of five stories</li><li>Allowed uses include retail, commercial, or hotel with a special permit up</li><li>Transit Oriented: 500 feet from the union Square mbta green LINE Station, with direct access to Boston and Cambridge.</li><li>Favorable Zoning: cc5 district allows for retail, Commercial, or hotel with a special Permit with a maximum density of 5 stories.</li><li>Employment Dynamics: 10m+ sf of new office Development across somerville, Cambridg
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
