400 Mystic AvenueSomerville, MA 02145MLS Number 72861340

  • Price: $16,750,000
  • Est. Mortgage of $/month
  • 73 Days on Market
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$/month over payments
Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
400 Mystic Avenue Somerville MA 02145400 Mystic Avenue Somerville MA 02145400 Mystic Avenue Somerville MA 02145400 Mystic Avenue Somerville MA 02145400 Mystic Avenue Somerville MA 02145400 Mystic Avenue Somerville MA 02145400 Mystic Avenue Somerville MA 02145400 Mystic Avenue Somerville MA 02145400 Mystic Avenue Somerville MA 02145
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  • 47Bedrooms
  • 0.47Acreage
  • 47Bathrooms
  • 2019Year Built

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Presenting 400 Mystic Avenue, a new construction 30 unit, mixed use apartment community located in Somerville, Massachusetts. The boutique luxury asset is comprised of 27 residential apartment units and 3 ground floor retail commercial spaces. The apartments are currently 95% occupied and the commercial spaces, which span between 932-1,128 SF respectively, are all fully leased. The luxury apartment homes consist of an ideal mix of 1- and 2-bedroom units, offer unique and spacious layouts, as well as best-in-market unit finishes. The oversized units are comprised of 7 one-bedroom, one bath units and 20 two-bedroom, 2 bath units. Additionally, the property is strategically located steps from Assembly Row (40+ retailers, 30+ dining options) and is surrounded by multiple upcoming transformative life science projects, totaling 1.9M SF of development located within 0.5mi of the asset. OFFERS DUE WEDNESDAY, AUGUST 11th.
Listed by Christopher Sower of Cushman & Wakefield

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More Info

Parking

  • Garage Spaces
  • Parking Spaces30
  • Parking DescriptionOff-Street
  • Total Parking Spaces30

Building

  • Year Built2019
  • ConstructionOther (See Remarks)
  • Bathroom47
  • Full Bath47
  • Bedrooms47
  • Total Brs47
  • Total Fbh47
  • Total Flrs18
  • Total Levels18
  • No Rooms198
  • Total Rms99
  • Total Rooms198
  • Levels4
  • Levels 19
  • Levels 29
  • BasementNo
  • Bedrms 19
  • Bedrms 29
  • FoundationPoured Concrete
  • DirectionThe property is located on Mystic Avenue in Somerville, between Grant and Taylor Street(s).
  • Rms 199
  • Rms 299
  • Lead PaintNone
  • Units30

Basic Information

  • Property Type5+ Family - 5+ Units Up/Down
  • Date Listed07/07/2021
  • List Price$16,750,000
  • Price Per Sq Ft$1,675
  • Status Date2021-09-17T15:56:00
  • Ant Sold Date2021-09-30T00:00:00
  • MLS Number72861340
  • MLS StatusUnder Agreement

Interior

  • F Bths 29
  • F Bths 19
  • H Bths 29
  • H Bths 19
  • Flrs 19
  • Flrs 29
  • FlooringOther (See Remarks)
  • Frplcs 19
  • Frplcs 29

Utilities

  • Electric FeatureOther (See Remarks)
  • Energy FeaturesOther (See Remarks)
  • WaterCity/Town Water
  • Hot WaterOther (See Remarks)
  • SewerCity/Town Sewer

Other

  • Year Built DescrpActual
  • Apod AvailableNo
  • Noi9999
  • View Count55

Location

  • Street Num400
  • Building Number400
  • StreetMystic Avenue
  • TownSomerville
  • StateMA
  • Zip02145
  • CountyMiddlesex

Property

  • Acreage0.47
  • Lot Size20442
  • Square Feet9,999
  • Lease 1Y
  • Lease 2Y
  • Lot DescriptionOther (See Remarks)
  • Rent29999
  • Rent19999
  • Total Rent99
  • Assessments9999
  • Main LoAN6656

Exterior

  • ExteriorOther (See Remarks)
  • Exterior FeaturesDeck, Deck - Roof, Patio, Balcony
  • Roof MaterialRubber

Water Body

  • WaterfrontNo
  • BeachfrontNo

Photos

  • Number of Photos9
  • Photo Date2021-07-07T10:26:00
  • Prop TypeMF
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Somerville, MA Demographics

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Somerville, MA Real Estate Market Data

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Somerville, MA Schools

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