Debra Calnan
Debra Calnan, Lamacchia Realty, Inc.Phone: (508) 282-1458
Email: [email protected]

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listing
1 of 9
MultifamilySold
List Price $16,750,000
Sold Price $15,900,000
400 Mystic Avenue
Somerville, MA 02145
Courtesy of Cushman & Wakefield - Christopher Sower
MLS Property Information Network
47Beds
47Full18Half Baths
9,999Sq Ft
Est. Mortgage
$86,560/mo

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.

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Information courtesy of Cushman & Wakefield is subject to verification and is not guaranteed.
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