$1,330,000
6
Beds
2
Baths
2,359
Living Area
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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.
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Highlights
- Parking Spots: 6
- Property Type: 2 Family - 2 Units Up/Down
- Year Built: 1900
- Property Class: Residential Income
- Total Rooms: 12
- Status: Closed
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Additional Details
- Construction: See Remarks
- Foundation: Other
- Roof: Other
- Year Built Details: Renovated Since
- Zoning: 9
- Exterior Features: Other
- Lot Features: Corner Lot
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Highway Access, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $9
- Compensation Based On: Gross/Full Sale Price
- Taxes: $9
- Buyer Agent Compensation: 1.5%
- Tax Year: 9
- Total Rent: $6,080
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Robert Koritz Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.