12-14 Lake Street, Somerville, Massachusetts 02478

$1,343,000
8
BD
4
BA
3,757
SqFt
Sold Price
$1,343,000
List Price
$1,295,000
Closing Date
Jul 10, 2020
MLS#
72659682
Bedrooms
8
Full Bathrooms
4
Sq. Ft
3,757
Lot Size
3,224
County
Middlesex
Year Built
180
Status
SOLD

Property Description

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.

Additional Information

Days on Market
51
Taxes
$12,688
Tax Year
2020
Assessment
1257500
Construction
Frame
Amenities
Public Transportation, Shopping, Highway Access, T-Station
Flooring
Wood, Vinyl
Basement
Yes
Basement Features
Full, Interior Access, Unfinished Basement
Hotwater
Natural Gas, Tank
Lot Description
Shared Drive
Parking Spaces
1
Acres
0.07
Price Per Sqft
$357
Utilityconnections
for Gas Range
Disclosures
Unit 14-2 was deleaded , report will be provided to buyer upon request. This is an "as is", "as occupied" sale.

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Listing courtesy of Compass . Selling Office: .

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