1 Washington Street Somerville, MA 02143
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyMiddlesex
- Taxes$9
- HOA/Condo/Coop Fees$0
- Days on Site22 Days
- MLS StatusActive
- MLS ID Number73235744
- Home Size Source Public Records
- Year Built1900
- Lot Size0.08 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Construction See Remarks
- Parking Off Street
- Parking Spaces 6
- Sewer Public Sewer
- Number of Stories 3
- Acreage 0.08
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Other
- Zoning 9
- Buyer Agent Compensation 1.5
- Facilitator Compensation 0
- Compensation Based On Gross/Full Sale Price
- Sub-Agency Relationship Offered No
- Garage 0
- Parking Features Off Street
Interior Features
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Other
- Spa No
- Waterfront Property No
- Exterior Other
- Lot Corner Lot
- Lot Features Corner Lot
Community Features
- Community Features Public TransportationShoppingHighway AccessPublic SchoolT- StationUniversityT-Station
- Senior Community No
- Adult Care Community No