37 Allen St, Somerville, MA 02143

Do you want to make a million dollars this year? This is an existing repurposed machine shop with a gorgeous top to bottom renovation into a loft style residence. My special permit is in place to add two stories above and create three loft condominiums. This is a rare opportunity to acquire project ready property abutting the Union Square "T" stop parcel. New owner has a two year window for development. Architectural plans in hand and approved. The numbers are simple, buy for 1.6M, build for 1M, sell out for 3.6-4M. And the existing home is move-in ready should you decide to go that way.