Active
38 Days on market
7 Washington St Somerville — Photo 1 of 12

7 Washington St Somerville — Photo 1 of 12

$1,250,000

7 Washington St, Somerville, MA 02143

Somerville, MA 02143

Investor Analysis

Beds

16

Baths

12

SqFt

10,537

Style

5+ Family - 5+ Units Up/Down

Built

2026

7 Washington Street features an exciting redevelopment opportunity. The Mid-Rise 4 district is characterized by a variety of moderate floor plate buildings up to four (4) stories in height. Buildings are set close to the sidewalk to create a defined street wall that supports pedestrian activity and a sense of place. The Property is approved as a 10-unit multi-family dwelling with construction renderings. However, there is the opportunity to increase the unit count to 12. These renderings feature one (1) Studio unit, four (4) 1-Bedroom/1-Bathroom units, three (3) 2-Bedroom/1-Bathroom units, one (1) 2-Bedroom/2 Bathroom unit, and one (1) 3-Bedroom/2-Bathroom unit with 10,537 square feet of gross area. The Property is situated upon a 0.07-acre parcel and has on-street parking and sixteen (16) bike spaces. There is currently a single family home on the parcel. Ideally positioned near Union Square, the site offers exceptional access to vibrant neighborhood retail, dining, employment centers, and established residential communities. The Property benefits from outstanding regional connectivity via Interstate 93, McGrath Highway (Route 28), and nearby Route 38, while nearby MBTA Station’s provide direct transit access to Cambridge and downtown Boston.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$119/sqft
Local Avg (Somerville)$521/sqft
77% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,250,000
Annual Taxes$9,422

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms35
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionSee Remarks
RoofOther
FoundationOther
ZoningMR4

Property & Lot

Acres0.07
SqFt Lot3,049
Lot FeaturesOther

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Property History

Listed
$1,250,000

Aug 5, 2026

MLS® 73559666

Terminated
$1,390,000

May 8, 2025

MLS® 73355634

Terminated
$1,390,000

May 8, 2025

MLS® 73340638

Terminated
$1,390,000

May 8, 2025

MLS® 73340637

Listed
$1,390,000

Apr 7, 2025

MLS® 73355634

Listed
$1,390,000

Mar 3, 2025

MLS® 73340638

Listed
$1,390,000

Mar 3, 2025

MLS® 73340637

Expired
$639,000

Oct 24, 2007

MLS® 70620921

Listed
$639,000

Jul 24, 2007

MLS® 70620921

Population

25,513

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$131K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

69.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Kelleher Pentore Team

Listing Office: Horvath & Tremblay

MLS® Number: 73559666

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