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12-14 Lake Street, Somerville, MA 02478

8 Bed, 4 Bath Multi-Family Home For Sale

12-14 Lake Street, Somerville, MA 02478 House For Sale - MLS #72659682
Off the Market
$1,295,000
8
4
Multi-Family
4 Family

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Property Description for 12-14 Lake Street, Somerville, MA 02478

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.

Interior Details

3,757 sq. ft.
$344.69/sq. ft.

Exterior Details

0.07 acres
3,224 sq. ft.
1

Other Details

72659682
180

Units Description

Unit #1
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $1,375     

Unit #2
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Levels: 2      Floor: 2      Rent: $1,700     

Unit #3
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Levels: 1      Floor: 1     

Unit #4
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Levels: 2      Floor: 2      Rent: $1,695     

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Town Description

The City of Somerville is an urban industrial city in the Mystic Valley on the Boston transportation corridor to the northwest. It occupies about 4.1 square miles along the divide between the lower...

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