Sold

12-14 Lake Street, Somerville, MA

Somerville · MA 02478

$1,343,000
Price
8
Beds
4
Baths
3757
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 180
Units: 4 Units
Lot size: 3,224 Sq.Ft Lot
Price per square foot: $345 / Sq.Ft
Parking: 1 Off Street Space

About this home

Red hot Union Square. Don't miss this rare opportunity to purchase a fantastic investment property. Available for the first time in over 70 years, this 4 family features side by side duplex style units. 1st floor units are both 3 room one bedroom flats. 2nd floor units are both 2 level 3 bedroom layouts. Unit 14-1 is vacant and ready for upgrades. The 3 remaining units are rented. This property is just blocks from the Green line extension that is projected to open in the near future. With an abundance of shops, restaurants and access to Universities and prolific area business's and Boston just beyond you should never have trouble renting these units. This property is in need of extensive updates. Seller is looking for highest and best clean offers. The vacant 1 bedroom unit and both sides of the basement may be accessed prior to making offers by appointment. Full access to the property will only be provided after an offer is accepted.

Neighborhood & Transit

Union Square

12-14 Lake Street, Somerville · MA 02478

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Union Square Green 0.26 mi

Price Insight

Days on Market:
2112 days
Listing Price:
$1,295,000
Price per Sq.Ft:
$345
Tax Assessment:
$1,257,500 in 2020
Taxes:
$1,057 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,757 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Fuses

Exterior Features

Lot Size
3,224 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Team Patti Brainard
Listing office
Compass
MLS PIN #
72659682