Mia Residences

84 Prospect Street
Somerville, MA 02143
United States

Price:
$211—474k
Bedrooms:
1—2
Accessible:
Yes
Accessible:
Yes
Accessible:
No

Property Overview

Property Facts:

Property Type:
Condominium Building
Condo Fees
97-219
Year Built:
2025

Mia Residences is located in Somerville and consists of 29 units. Discover a refined living experience where sophisticated design, modern comforts, & effortless convenience come together. Each unit features engineered hardwood floors, sleek quartz countertops, & premium stainless steel appliances for a truly upscale living. Mia Residences is designed for contemporary city living at its finest. 5 of the units are designated as income-restricted, and will be sold to those earning at or below 80% AMI, 110% AMI, or 140% AMI (Area Median Income).

 

When is the closing date? Projected to be January/February 2026.

What are the condo fees? Unit 107 (80% One-Bedroom): $96.98/month, Unit 307 (80% 2-Bedroom) $117/month, Units 103 & 108 (110% 1-Bedrooms): $142.60/month, & Unit 204 (140% 2-Bedroom): $218.22/month.

What utilities/services are included in the condo fees? Master insurance, trash removal, snow removal, elevator maintenance & inspection, common area cleaning, repair, & maintenance (lobby, stairwells, carpets, & corridors), irrigation maintenance, solar maintenance, landscaping, common electricity, fire alarm monitoring, sprinkler system maintenance & inspection, intercom maintenance, phone line & internet, accounting services, supplies, legal fees, general maintenance & administrative services, & water/sewer. Owner is responsible for all other utilities, including electricity (heating/cooling, hot water, cooking, & laundry), & cable/internet (optional). Gas is not a utility at this property. 

Is the stove electric or gas? Electric.

Are the washer/dryer included? Yes. In-Unit (Electric).

Is parking available? Parking is not included nor available to rent/purchase.

Is storage available? Additional storage is not included nor available to rent/purchase.

Property Details

Amenities:

  • Elevator
  • Bike Storage
  • Common Lobby
  • Rooftop Deck
  • Wellness Center
  • Solar-Paneled Building
  • Bus Time-Displaying Screen

Unit Details

Basement:
No
Appliances:
Dishwasher
Garbage Disposal
Microwave
Refrigerator
Stove/Oven
Washer/Dryer
Listing Garage Parking
Garage Parking:
There is no garage parking.
Off Street Parking:
There is no off street parking.
Heating type:
Electric
Air Conditioning:
Yes
Flooring Types:
Hardwood
Pets allowed:
Yes
Pet Restrictions:
Pet policy is TBD. Breed restrictions apply. Service animals are permitted for no additional fees with proper documentation.

Eligibility Information

Income limits:
51%-80% AMI, 81%-110% AMI, & 111%-140% AMI
Asset limits:
$103,200
Must be first time homebuyer:
Yes
Age Restrictions:
No restriction

Application Information

Application Type:
Lottery
Application Deadline:
December 24, 2025
 
Application Process:

When is the lottery? The lottery date will not be scheduled until after the application deadline. The lottery is scheduled, and the lottery date is typically held 2-3 weeks after the application deadline. All applicants will receive notification of the date, time, and location of the lottery, as well as their application number. The lottery will be open to the public.

Do I have to attend the lottery? No. All applicants will be notified of their lottery number after the lottery.

When will I be contacted? We will begin contacting only the top applicants following the lottery drawing.

What is my Application Number and Lottery Number? We will mail a letter to all Applicants entered in the Lottery Drawing, providing their unique application Number. We will mail out a second notification letter after the lottery has taken place. The lottery number is assigned by the person who conducts the Lottery Drawing. Per the Fair Housing Commission guidelines, applications will be sorted by bedroom size and income level, then by preferences, followed by the lottery number. An Applicant’s “rank position” is determined by a combination of all the sorting factors.

Monitoring/Lottery Agent or Property Manager
Maloney Properties LLC
Contact
John Costello
Phone
(617) 531-7123 Ext 744 | US Relay 711