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43-43 Cross St #45, Somerville, MA, 02145

--beds
0baths
0sqft
$2,250,000
--price/sqft
$14,130/moest. monthly cost
$565,200/yrincome needed

About This Home

SELLERS WILL LISTEN TO ANY OFFERS! Rare East Somerville Development Opportunity. Possibility for 22 unit building. A hard-to-find mixed-use offering with exceptional redevelopment potential. This unique two-building, two-parcel package at 43 & 45 Cross Street presents outstanding possibilities for residential, commercial, or mixed-use development, making it an ideal investment for builders, developers and investors. The property includes 22 dedicated parking spaces and offers flexibility for future expansion or redevelopment, with excellent potential for condominium development. Under current Somerville zoning, projects may allow units with or without parking, subject to approvals and buyer's due diligence. Perfectly positioned close to both the MBTA Orange and Green Line trains and minutes to I-93, Assembly Row, Union Square, and Downtown Boston, this prime location offers outstanding accessibility and lasting value. This is an estate sale subject to court approval. Buyer Agent/Buyers to perform all due diligence.

Getting Around

90
WalkingWalker's Paradise
85
TransitExcellent Transit
89
BikeVery Bikeable

Schools

3/10
6/10
Somerville High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Slab

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Side by Side

Interior

Features

  • Finished area above ground: 0

Interior Area

  • Total structure area: 0

Property

Details

  • Zoning: RB

Lot

  • Lot size: 8,095 sqft

Parking

  • Total spaces: 22
  • Parking features: Paved Drive
  • Has uncovered spaces: Yes
  • Uncovered spaces: 22

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,377$136,524
Home Insurance *$506$6,072
Property Taxes $1,893$22,716
Electricity $354$4,259
Total$14,130$169,560
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$484,457/yr
40% on housing$423,900/yr
45% on housing$376,800/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 02145$468
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02145$477
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Price change$2,100,000
2026-07-20Price change$2,250,000
2026-07-06Price change$2,490,000
2026-06-26Listed for sale$2,500,000

For Sale by Agent

AgentEdward Accomando
BrokerageREMAX Andrew Realty Services

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