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Federal 30-year interest rate: 6.67% last updated on 2026-08-13

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21 Allen Street Somerville MA 02143
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  • 76Bedrooms
  • 91Bathrooms
  • 47,572Square Feet
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.
Listed by Ryan Taylor of Fortune RE

Listing Sold by Fortune RE

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More Info

Basic Information

  • Gross Income $250,164
  • Lot Features Cleared, Level
  • Mls StatusSold
  • Parcel Number 759249

Location

  • Address21 Allen Street
  • Building Number21
  • CountyMiddlesex
  • StateMA
  • StreetAllen Street
  • TownSomerville
  • Zip02143

Property

  • Acreage0.41

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Green Energy Generation Solar

Tax Information

  • Tax Assessed Value $5,378,000
  • Tax Year 2024
  • Taxes$57,409

Basic Information

  • GO-List Price$8,000,000
  • MLS Number73329721
  • Modification Date02/07/2025
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date01/27/2025
  • Sale Date01/27/2025
  • Sale Price$7,300,000

Exterior

  • Fencing Fenced/Enclosed

Property Information

  • Building Area Source Other
  • Living Area 47,572
  • Lot Size Square Feet 17,873
  • Lot Size Units Acres
  • Square Feet47,572
  • View YN Yes

Parking

  • Parking Spaces

Rooms

  • Bathroom91
  • Bathrooms Total Decimal 88
  • Bedrooms76
  • Full Bath85
  • Half Baths6

Building

  • Building Area Units Square Feet
  • Door Features Insulated Doors
  • FoundationConcrete Perimeter
  • Rooms99
  • Stories12
  • Units69
  • Window Features Insulated Windows
  • Year Built2025
  • Year Built Details To Be Built
  • Year Built Source Owner

Other

  • Date Listed01/27/2025
  • Farm Land Area Units Square Feet

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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