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Somerville one-bedroom off Magoun Square drops for under $400,000

Rare amount in city

Photos via Redfin

It’s increasingly rare in Somerville to find a market-rate condo asking under $400,000. Unit 43 at 474 Broadway in the Magoun Square area is one such rarity.

The one-bedroom, one-bathroom is asking $399,900 through Joseph Pollack at Redfin.

That tag for the 699-square-footer includes one garaged parking space. And 474 Broadway is an elevator building. Take a look.