Somerville, MA 02145,496 Medford Street
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Somerville, MA 02145,496 Medford Street
Somerville, MA 02145,496 Medford Street
Somerville, MA 02145,496 Medford Street
Somerville, MA 02145,496 Medford Street
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Sammi (Wai Yi) Ng

Sammi (Wai Yi) Ng

+1(617) 833-8856
$ 1,150,000
Est. payment /mo
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Active

496 Medford Street Somerville, MA 02145

2 Beds

1.5 Baths

1,244 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,244 sqft

Price per Sqft $924

MLS Listing ID 73436389

Style Other (See Remarks)

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N false

Year Built 1920

Annual Tax Amount $8,708

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Single Family Residence

Property 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.

Location

State MA

County Middlesex

Zoning NB

Direction Broadway to Medford Street

Rooms

Basement Full

Interior

Heating Steam, Oil

Cooling None

Exterior

Community Features Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School, T-Station

View Y/N Yes

View City View(s)

Garage No

Building

Lot Description Level

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other (See Remarks)

Others

Senior Community false

Listed by Lamacchia Realty, Inc.
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Benjamin G Brown

    Public | KG - 6

  • 8

    Thompson

    Public | KG - 5

  • 8

    Martin Luther King Jr.

    Public | PK - 5

  • 7

    John M Tobin

    Public | PK - 5

  • 7

    Benjamin Banneker Charter Public School

    Public | KG - 6

  • 7

    Maria L. Baldwin

    Public | PK - 5

  • 7

    Amigos School

    Public | PK - 8

  • 7

    Albert F. Argenziano School at Lincoln Park

    Public | PK - 8

  • 6

    Hardy

    Public | KG - 5

  • 6

    Brooks Elementary School

    Public | PK - 5

  • 6

    West Somerville Neighborhood

    Public | PK - 8

  • 6

    John F Kennedy

    Public | PK - 8

  • 6

    Morse

    Public | PK - 5

  • 6

    Prospect Hill Academy Charter School

    Public | KG - 12

  • 5

    Peabody

    Public | PK - 5

  • 5

    Graham and Parks

    Public | PK - 5

  • 5

    Winter Hill Community

    Public | PK - 8

  • 5

    McGlynn Elementary School

    Public | PK - 5

  • 5

    Cambridgeport

    Public | PK - 5

  • 5

    Fletcher/Maynard Academy

    Public | PK - 5

Middle Schools 11
  • 6

    Vassal Lane Upper School

    Public | 6 - 8

  • 6

    Andrews Middle School

    Public | 6 - 8

  • 6

    Community Charter School of Cambridge

    Public | 7 - 12

  • 5

    Rindge Avenue Upper School

    Public | 6 - 8

  • 5

    Match Charter Public School

    Public | 6 - 12

  • 5

    Putnam Avenue Upper School

    Public | 6 - 8

  • 4

    McGlynn Middle School

    Public | 6 - 8

  • 4

    Cambridge Street Upper School

    Public | 6 - 8

  • 4

    Clarence R. Edwards Middle School

    Public | 6 - 8

  • 0

    James F Farr Academy

    Private | 8 - 12

  • 0

    Next Wave Junior High School

    Public | 6 - 8

High Schools 14
  • 5

    Medford High School

    Public | 9 - 12

  • 5

    Cambridge Rindge and Latin

    Public | 9 - 12

  • 5

    Somerville High School

    Public | 9 - 12

  • 5

    Malden High School

    Public | 9 - 12

  • 3

    Medford Vocational Technical High School

    Public | 9 - 12

  • 2

    Snowden International School At Copley

    Public | 9 - 12

  • 2

    Charlestown High School

    Public | 9 - 12

  • 0

    St Joseph Preparatory High School

    Private | 9 - 12

  • 0

    Matignon High School

    Private | 9 - 12

  • 0

    Boston University Academy

    Private | 9 - 12

  • 0

    Curtis-Tufts

    Public | 9 - 12

  • 0

    Full Circle High School

    Public | 9 - 12

  • 0

    The Newman School

    Private | 9 - 12

  • 0

    Commonwealth School

    Private | 9 - 12

School and business data provided by Attom Data.
Sammi (Wai Yi) Ng

Sammi (Wai Yi) Ng

Real Estate Broker & Consultant

+1(617) 833-8856

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496 Medford Street