$2,450,000
SOLD MAY 8, 2025
6 Beds
3 Baths
3,027 Sq Ft
9,018 Sq Ft Lot

Recently Sold

$809 Per Sq Ft

11% Below List Price

61 Days on Market

Highlights

  • Medical Services
  • 0.21 Acre Lot
  • Wooded Lot
  • Somerville High School Rated A-
  • Property is near public transit and schools
  • 5-minute walk to Perry Park

About This Home

As of May 2025

3 Family with significant development potential near Harvard. 60-62 Line Street is just blocks to Harvard Square, CHA Cambridge Hospital, Union Square, and Inman Square. With a large 9,000+ sq ft lot, there is potential to develop 6+ units with 6 parking spots on the property. Feasibility study is available upon request. The lot currently contains a 3-family property with 6 beds and 3 baths and has over 3,000 sq ft of living area. The first floor unit has a tenant at will. The second and third floor units are vacant. Extremely unique opportunity for both developers or primary buyers looking to build their dream home with or without rental income. Located on a quiet one-way street but just minutes to cafes, shops, restaurants and public transportation. Opportunities like this do not come along often. Buyers to do their own due diligence regarding any development opportunities.

Last Agent to Sell the Property

Sage Jankowitz

Cambridge Sage Inc. Listed on: 10/10/2024

Last Buyer's Agent

Sage Jankowitz

Cambridge Sage Inc. Listed on: 10/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,245

Year Built

  • Built in 1900

Lot Details

  • 9,018 Sq Ft Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Triplex
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 3,027 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $2,100
  • Assessor Parcel Number M:66 B:D L:19

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Additional Features

  • 3 Units
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,245

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Above Grade Finished Sq Ft: 3027
  • Living Area: 3027
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB0125
  • MAIN SO: BB9927

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:66 B:D L:19
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Level
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9018
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16245

Multi Family

  • Net Operating Income: 25200
  • Number Of Units Total: 3
  • Total Actual Rent: 2100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Range of Values:

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Value Increase
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Sold $2,450,000 -10.9% $809 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $2,750,000 -- $908 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73300850

MLS Property Information Network (MLS PIN)