USAMASomerville496 Medford St
496 Medford St, House other with 2 bedrooms, 2 bathrooms and null parking in Somerville MA | Image 1
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$1,150,000

496 Medford St, Somerville, MA

House

For Sale

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220
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1244 sqft
Garage No
Taxes $8,708
Days Active 1
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $924
MLS® Number 73436389

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime TOD opportunity in Somerville’s vibrant Magoun Square, steps from the Green Line Extension. This 2, 240 SF MR-4 zoned lot with Pedestrian Street Overlay allows up to 4 stories—ideal for a mixed-use project with approx. 6 residential units above ground-floor commercial or amenity space. No parking requirements and flexible design standards support a walkable, transit-friendly concept aligned with the city’s smart growth vision. The lot’s dimensions allow for modern condo or townhouse-style layouts. Ground floor and basement are well-suited for retail, amenities, or storage, maximizing value and livability. Zoning analysis completed—developers can move quickly to design and permitting. A rare blend of timing, location, and zoning flexibility in one of Greater Boston’s most in-demand neighborhoods. Strong market comps, buyer demand, and local precedent make this a standout infill opportunity.Show Description
MLS® Number73436389
Laundry Level
Central VacNo
FireplaceNo
Acreage0.05
Exterior
GarageNo
Approx. Age1920
BasementFull
Driveway
Garage Spaces
HeatSteam, Oil
A/CNone
Heating Fuel

Extras

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