Somerville, MA 02143,1 Washington Street
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Somerville, MA 02143,1 Washington Street
Somerville, MA 02143,1 Washington Street
Somerville, MA 02143,1 Washington Street
Somerville, MA 02143,1 Washington Street

$1,330,000

Est. payment /mo

$1,449,500

8.2%
Est.Price: ?

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1 Washington Street Somerville, MA 02143

6 Beds

2 Baths

2,359 SqFt

SOLD DATE : 06/27/2024

Key Details

Sold Price $1,330,000

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 2,359 sqft

Price per Sqft $563

MLS Listing ID 73235744

Sold Date 06/27/24

Bedrooms 6

Full Baths 2

Year Built 1900

Annual Tax Amount $9

Tax Year 9

Lot Size 3,484 Sqft

Acres 0.08

Property Description

1 Washington Street presents an enticing opportunity for end-users, investors, and developers seeking transit-oriented real estate. The property features a fully leased 6-bedroom, 2-bathroom duplex with ample parking spaces. Offering substantial in-place income, the property also holds promising potential for future value enhancement. Situated within an MR-4 zoning designation, it permits a 4-story mixed-use development as of right. Strategically positioned at the junction of Somerville and Charlestown, 1 Washington Street benefits from close proximity to key areas in both locales and taps into the burgeoning life science activity in Somerville and Cambridge. Residents enjoy convenient access to Union Square and swift transportation links to Boston via Sullivan Square and East Somerville train stations, fostering a rich array of employment and entertainment options. This offering represents a prime opportunity to leverage the dynamic growth of the Somerville submarket.

Location

State MA

County Middlesex

Zoning 9

Direction Property located on the corner of Crescent and Washington.

Exterior

Exterior Feature Other

Community Features Public Transportation, Shopping, Highway Access, Public School, T-Station, University

Waterfront false

Roof Type Other

Parking Type Off Street

Total Parking Spaces 6

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Other (See Remarks)

Listing Terms Other (See Remarks)

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Listed by Boston Realty Advisors
Bought with Robert Koritz • Robert Koritz Real Estate

Lisa Gaglione

Agent | License ID: 9586357

+1(617) 224-8863

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