Somerville High-Density Development
For Sale
$1,375,000
7 Washington, Somerville, MA 02143
Development opportunity in Somerville with approved plans for multiple units.
Property Size10,000 SF
Price / SF$137.50
Days on Market299
Property Features for 7 Washington
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Multi-Family
Zoning
MR4
Taxes and HOA fees
Annual Taxes
$8,812
Amenities
false
No
Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, House of Worship
Building Details
Year Built
2025
Stories
4
Listing Agency:
Leading Edge Real Estate
(617) 502-6500
Listed By:
Ramsay and Company
Source:
Arborviewrealtyinc
Added: Oct 18, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leading Edge Real Estate
Investment Insights
Based on property information with market context.
This property presents a rare high-density development opportunity in Somerville. ZBA approved plans are in place for 10 units, with the potential for 12 units under new Somerville guidelines. Currently, the property is a tenanted single-family residence. Zoned MR-4, the lot allows for 4-story development, suitable for condo sellout or multi-family ownership. The location is less than 0.4 miles from the Green Line Extension and minutes from Sullivan Square, Union Square, and Route 93, providing accessibility. It also allows easy access into Boston and Assembly. The existing plans can be advanced or modified to accommodate different visions, including options for a lower unit count or larger units. This is a prime chance to invest in one of Somerville's most sought-after neighborhoods.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 02143, MA
26,022
Population
12,901
Households
2
Avg Household Size
33
Median Age
74%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
17,348
Density / Sq Mi
$126,102
Median Household Income
$73,055
Median Earnings
$2,424
Median Rent
$930,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Development opportunity in Somerville with approved plans for multiple units.
Where is this residential land & home lot located?
The property is located at 7 Washington Somerville, MA.
What is the asking price?
The asking price for this property is $1,375,000.
