27-29 Lake Street
$1,199,000
6
Beds
3
Baths
2,745
Sqft
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$1,199,000
6
Beds
3
Baths
2,745
Living Area
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Property Description
Exceptional two-family opportunity in sought-after East Arlington! Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a well-located income-producing property, this versatile property checks all the boxes. One unit will be delivered vacant at closing, offering immediate flexibility, while the second unit provides established rental income. Filled with period charm, the home features sun-drenched living spaces, hardwood floors, built-in cabinetry, spacious kitchens, and private outdoor areas. Conveniently located near Capitol Square's restaurants and cafés, the Minuteman Bikeway, public transportation, Alewife Station, and all that Arlington has to offer. Additional features include separate utilities, off-street parking, a two-car garage, and a desirable neighborhood location. A rare opportunity to invest, occupy, or both in one of Greater Boston's most vibrant communities.
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Highlights
- Heating: Steam, Natural Gas, Baseboard
- Parking Spots: 4
- Property Type: Multi Family
- Total Rooms: 14
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1920
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Wood, Tile, Varies
- Interior Features: Living Room, Dining Room, Kitchen, Office/Den
- Road Frontage Type: Public
- SqFt Source: Other
- Year Built Details: Actual
- Zoning: R2
- Basement: Full, Interior Entry, Concrete, Unfinished
- Exterior Features: Balcony
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Walk/Jog Trails
- Parking Features: Paved Drive, Off Street, Driveway
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,125,100
- Tax Year: 2026
- Total Rent: $5,123
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $12,117
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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 Capital Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.