Buying a development opportunity in Assembly Square

There are no development plays directly in the Assembly Square area - but instead directly across the street in the Ten Hills neighborhood of Somerville is where you will need to direct your energy. 

There is only one clear development opportunity in Ten hills, and that will be your bread and butter 2-family condo conversion. Most likely you are looking for an oversized 2-family with great 3rd floor and basement potential - meaning good ceiling height for the basement and an opportunity to dormer out the 3rd floor. If the square footage is great and the price is right, top luxury condos in Ten Hills can sell for as much as $1.4M to $1.5M each, making a purchase at $1.1M a solid win! 

If you are looking for a 2-family condo conversion development opportunity in Ten Hills, Somerville, across from Assembly Square, give me a call and I can keep you on my radar! My cell is 617-833-7457.