1-3 Woodbine Street
Property Description
Transit-oriented luxury multifamily development opportunity ideally located adjacent to the recently improved Junction Park. The proposed development will benefit from unobstructed park views on a corner location at Woodbine and Centre Street. The current owner is in the process of expanding the lot to approximately 4,860 square feet, with final land consolidation expected to be approved in February. Architectural plans and renderings have been prepared for a thoughtfully designed four-unit project consisting of a three-unit primary building and a detached rear cottage. The proposed design leverages the existing two-family structure, significantly reducing construction costs and development risk while maximizing density and end value. A compelling opportunity for developers seeking a plan-ready, transit-oriented project in a high-demand Somerville location.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,599,000 |
| Lot Size: | 0.11 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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