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You are here:
Home Massachusetts Somerville Homes for Sale

359 Lowell Somerville, MA 02145

9 Days on Boston Pads
14 Photos
$1,049,000
2 Beds
3 Baths
4326 SQFT
0.07 Acre
HOA: N/A
359 Lowell
Somerville, MA 02145

Property Description

UPDATED ZONING STUDY - 7 units /1 Affordable. Opportunity to acquire MR4 zoned parcel in Magoun Square, less than a ¼ mile from the newly opened Magoun Square GLX station. The 3,173 SF parcel abuts 3/4 of an Acre of MR4 zoned parcels on all sides and currently has a 4,350 SF existing structure generating $4,132/month with leases ending 8/31/24. An initial massing study indicated a 4-story 6,375 SF structure consisting of up to 8 units may be feasible. 359 Lowel Street’s proximity to Magoun Square station is situated within a Transit Zone affording no minimum parking requirements.Existing structure consists of Two Levels, 2,150 SF each. Renovated 2 Bed 2 Bath unit on the top floor and flex/open space on the first floor. Great ceiling height on both floors. Lots of possible options to increase value over the term of ownership. . Seller and Broker make no representations, expressed or implied with respect to the development potential of the property.

Property Overview

Property Details click or tap to expand

Bedrooms

  • Bedrooms: 2

Other Rooms

  • Total Rooms: 7

Bathrooms

  • Full Baths: 2
  • Half Baths 1

Utilities

  • Heating: Central Heat, Electric
  • Cooling: Window AC
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Interior Features

  • Square Feet: 4326
  • Accessability Features: Unknown

Construction

  • Year Built: 1910
  • Type: Detached
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73291603
  • Last Updated: 09/22/24
  • HOA: No
  • Reqd Own Association: Unknown

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/25/2024New$1,049,000MLSPIN
09/22/2024Active$1,049,000$242MLSPIN
09/18/2024New$1,049,000$242MLSPIN
07/18/2024Expired$1,099,000MLSPIN
07/18/2024Expired$1,099,000$254MLSPIN
07/15/2024Price Change$1,099,000$254MLSPIN
07/15/2024Price Change$1,099,000MLSPIN
07/06/2024Active$1,135,000$262MLSPIN
07/06/2024Active$1,135,000MLSPIN
07/02/2024Price Change$1,135,000MLSPIN
07/02/2024Price Change$1,135,000$262MLSPIN
06/11/2024Active$1,143,500MLSPIN
06/11/2024Active$1,143,500$264MLSPIN
06/07/2024Price Change$1,143,500MLSPIN
06/07/2024Price Change$1,143,500$264MLSPIN
06/07/2024Active$1,152,000MLSPIN
06/07/2024Active$1,152,000$266MLSPIN
06/03/2024Price Change$1,152,000$266MLSPIN
06/03/2024Price Change$1,152,000MLSPIN
06/01/2024Active$1,160,500MLSPIN
06/01/2024Active$1,160,500$268MLSPIN
05/28/2024Price Change$1,160,500MLSPIN
05/28/2024Price Change$1,160,500$268MLSPIN
05/24/2024Active$1,169,000$270MLSPIN
05/24/2024Active$1,169,000MLSPIN
05/20/2024Price Change$1,169,000MLSPIN
05/20/2024Price Change$1,169,000$270MLSPIN
05/17/2024Active$1,177,500MLSPIN
05/17/2024Active$1,177,500$272MLSPIN
05/13/2024Price Change$1,177,500$272MLSPIN
05/13/2024Price Change$1,177,500MLSPIN
05/12/2024Active$1,186,000$274MLSPIN
05/12/2024Active$1,186,000MLSPIN
05/08/2024Price Change$1,186,000MLSPIN
05/08/2024Price Change$1,186,000$274MLSPIN
04/29/2024Active$1,195,000MLSPIN
04/29/2024Active$1,195,000$276MLSPIN
04/25/2024Price Change$1,195,000MLSPIN
04/25/2024Price Change$1,195,000$276MLSPIN
04/13/2024Active$1,225,000$283MLSPIN
04/13/2024Active$1,225,000MLSPIN
04/09/2024Price Change$1,225,000$283MLSPIN
04/09/2024Price Change$1,225,000MLSPIN
03/24/2024Active$1,279,000MLSPIN
03/23/2024Expired$1,369,000$316MLSPIN
03/22/2024Active$1,279,000$296MLSPIN
03/20/2024Price Change$1,279,000MLSPIN
03/18/2024New$1,279,000$296MLSPIN
03/07/2024Canceled$1,295,000$299MLSPIN
03/07/2024Canceled$1,295,000MLSPIN
03/01/2024Active$1,295,000$299MLSPIN
03/01/2024Active$1,295,000MLSPIN
02/26/2024New$1,295,000MLSPIN
02/26/2024New$1,295,000$299MLSPIN
02/19/2024Temporarily Withdrawn$1,369,000$316MLSPIN
02/19/2024Temporarily Withdrawn$1,369,000MLSPIN
01/27/2024Active$1,369,000$316MLSPIN
01/27/2024Active$1,369,000MLSPIN
01/23/2024New$1,369,000MLSPIN
01/23/2024New$1,369,000$316MLSPIN

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Map & Resources

Missituk Elementary School

Public Elementary School, Grades: PK-5

0.4mi

Arthur D Healey School

Public Elementary School, Grades: PK-8

0.45mi

Friendship Auto School

Driving School

0.44mi

Zaruma Gold

Cafe

0.31mi

Armory Cafe

Cafe

0.45mi

Dunkin'

Donut & Coffee Shop

0.1mi

Tipping Cow

Ice Cream Parlor

0.38mi

Sam's Falafel

Mediterranean Restaurant

0.44mi

Supreme Kitchen

Breakfast Restaurant

0.44mi

Lemon Thai

Thai Restaurant

0.44mi

Dumpling Kitchen

Chinese Restaurant

0.44mi

Medford Fire Department

Fire Station

0.39mi

Somerville Fire Department Engine 7

Fire Station

0.46mi

Somerville Hospital

Hospital

0.45mi

The Armory

Arts Centre

0.43mi

Tufts Pool

Swimming Pool

0.45mi

Henry Hanson Park

Park

0.05mi

Trum Field

Municipal Park

0.15mi

Community Path

Municipal Park

0.24mi

Paul Revere Park

Park

0.31mi

Albion Park

Municipal Park

0.32mi

Somerville Junction Park

Park

0.32mi

Hoyt Sullivan Playground

Municipal Park

0.37mi

Columbus Memorial Park

Municipal Park

0.37mi

Trum Playground

Playground

0.24mi

Healy Community Tot Lot

Playground

0.41mi

Natacha Beauty Salon

Hairdresser

0.38mi

Hair at Little Hollow Salon

Hairdresser

0.44mi

Medford Street Laundromat

Laundry

0.3mi

Gold Star Laundromat

Laundry

0.45mi

AL Prime Energy

Gas Station

0.32mi

Rosemary's

Convenience

0.21mi

7-Eleven

Convenience

0.29mi

Bostonian Convenience II

Convenience

0.35mi

Sky Braz

Convenience

0.37mi

CVS Pharmacy

Pharmacy

0.07mi

Medford St @ Broadway - Magoun Sq

80

0.06mi

Medford St @ Broadway - Magoun Sq

80

0.08mi

Broadway @ Medford St - Magoun Sq

89
8993

0.09mi

Broadway @ Medford St - Magoun Sq

89
8993

0.1mi

Medford St @ Glenwood Rd

80

0.12mi

Broadway @ Hinckley St - Magoun Sq

80
89
8993

0.13mi

Broadway opp Glenwood Rd

89
8993

0.14mi

Medford St @ Bartlett St

80

0.15mi

Seller's Representative: Ryan Taylor, Fortune RE
MLS ID#: 73291603

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-09-22 03:05:00

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