Multi-Family for Sale: 21 Allen Street, Somerville, MA 02143

76 beds
85 full, 6 half baths
47,572 sqft
$7,595,000
$7,595,000
21 Allen Street, Somerville, MA 02143
76 beds
85 full, 6 half baths
47,572 sqft
$7,595,000
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Price:
$7,595,000
$50,000 - 06/07/2024

Type Multi-Family
Beds 76
Total Baths 85 full, 6 half baths
Square Feet 47,572 sqft
Lot Size 0.41 acres
Year Built 2025

City Somerville
County Middlesex

MLS 73211289
Status Active
DOM 109 days
The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $57,409
Water Public
Foundation Concrete Perimeter
Full Baths 85
Half Baths 6
Total Rooms 99
Garage Spaces 0

Price History of 21 Allen Street, Somerville, MA

Date Name Price Difference
06/07/2024 Price Adjustment $7,595,000 0.65%
06/03/2024 Price Adjustment $7,645,000 0.59%
05/23/2024 Price Adjustment $7,690,000 3.27%
05/03/2024 Price Adjustment $7,950,000 3.64%
04/23/2024 Price Adjustment $8,250,000 6.14%
03/12/2024 Listing Price $8,790,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 21 Allen Street, Somerville, MA

Location Map Street View
Photo of Tucker Toppan
Direct: 603-205-5701
Office
560 High Street
Hampton, NH 03842
603-929-1100
Listed by Fortune RE, Ryan Taylor
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21 Allen Street (MLS #73211289) is a multi-family listing located in Somerville, MA. This multi-family listing is 47,572 sqft and on a lot of 17,873 sqft (or 0.41 acres) with 76 bedrooms and 88 baths. This property was listed on 03/12/2024 and has been priced for sale at $7,595,000.

Nearby zip codes are 02139, 02141, 02144, 02145 and 02155. This property neighbors other cities such as Boston, Cambridge and Medford.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Fortune RE

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.