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  • $7,300,000

    21 Allen St, Somerville, MA 02143

    76beds
    47,572sqft
    5+ Family - 5+ Units Up/Down
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $153/sqft
    $-- HOA

    What's special

    The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.

    Zillow last checked: 7 hours ago

    Listing updated: February 07, 2025 at 11:18am

    Listed by:

    Ryan Taylor,

    Fortune RE,

    Justin Pepple

    Bought with:

    Ryan Taylor

    Fortune RE

    Source: MLS PIN,MLS#: 73329721

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 76
    • Bathrooms: 91
    • Full bathrooms: 85
    • 1/2 bathrooms: 6
    Features
    • Doors: Insulated Doors
    • Windows: Insulated Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 47,572
    • Total interior livable area: 47,572 sqft

    Property

    Features
    • Fencing: Fenced/Enclosed
    • Has view: Yes
    • View description: City View(s)
    Lot
    • Size: 0.41 Acres
    • Features: Cleared, Level
    Details
    • Parcel number: 759249
    • Zoning: UR

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy generation: Solar

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Bike Path, Public School, T-Station, University
    Location
    • Region: Somerville

    HOA & financial

    Other financial information
    • Total actual rent: 15322
    Services availability