Contacts

Daniel Alper

Boston Realty Advisors

Property Details

Property Type Multi-Family
Property Size 2,970 SF
Units 2
Lot Size 0.08 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Date Updated Jun 17, 2024

Somerville Massachusetts, nestled adjacent to the city of Boston and world-renowned Cambridge Massachusetts, has been poised as the next Life Science Hub in the Greater Boston Market. With prominent locations such as Union Square, Boynton Yards, Assembly Row, Kendall Square, Cambridge Crossing, and Hood Business Park, there is no better location for young professionals to reside. East Somerville hosts a diverse range of property types, primarily comprising multifamily and retail spaces. However, the demand for laboratory spaces has extended into the area, as evidenced by a fully entitled 78,000 square foot lab development directly across the street from 1 Washington Street. The property is conveniently located less than one mile from Union Square, with convenient access to Boston via the Sullivan Square and East Somerville train stations, offering residents access to numerous employment opportunities in the vicinity.Boston Realty Advisors is pleased to present 1 Washington Street in Somerville, Massachusetts. This property showcases a 2,025 square foot duplex situated on a 3,485 square foot lot. Comprising a 2-bedroom lower unit and a 4-bedroom upper unit, the property is fully leased to high-quality tenants. It offers potential for value addition and the opportunity to elevate rents to market rates. Additionally, the property is zoned MR-4, allowing for a 4-Story mixed-use development as of right. 1 Washington Street presents an exceptional opportunity for end-users or developers seeking a transit-oriented covered land play for future development. The property is offered for sale at $1,449,500. We will be sharing the details of the site and zoning information upon request.

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Highlights

Value-Add Opportunity
Primed for Owner Occupiers
6 Private Off Street Parking Spaces
Development Potential by Right
Covered Land Play Opportunity

Attachments

1 Washington Brochure.pdf (PDF) opens in new window

Getting around

88/100
Walk Score ®
88/100
Transit Score ®
91/100
Bike Score ®

Powered by Walk Score ®

City Somerville, MA
Neighborhood East Somerville
Zip Code 02143
Market Boston

Points of Interest

Sullivan Square

0.24 miles
Union Square

0.75 miles
Community College

0.83 miles
Kendall/MIT

1.40 miles
North Station

1.64 miles
Park Street

2.02 miles
Harvard Square

2.03 miles
Green Line (Inbound) | Red Line (All Trains)

2.04 miles
Elevator to Harvard MBTA station

2.12 miles
Downtown Crossing

2.13 miles

Speedway

0.06 miles
ChargePoint

0.30 miles
Pearl Street Auto Sales

0.59 miles
Shell

0.61 miles
Gulf

0.61 miles
Tesla Supercharging Station

0.63 miles
Speedway

0.65 miles
Sunoco

0.76 miles
Shell

0.91 miles
Mobil

0.93 miles

Draw Seven Parking Lot

0.86 miles
Artisan East Garage

0.88 miles
Great River Garage

0.90 miles
First Street Garage

0.93 miles
Museum of Science Parking Garage

1.07 miles
One Kendall Square Garage

1.09 miles
Lower Broadway Community Lot

1.12 miles
S&S Restarant parking

1.14 miles
S&S parking

1.15 miles
TNC Waiting Lot

1.21 miles

Holiday Inn

0.08 miles
Holiday Inn Express Hotel & Suites

0.62 miles
Fairfield Inn and Suites

0.65 miles
Hampton Inn Boston/Cambridge

0.70 miles
The Row Hotel at Assembly Row

0.79 miles
La Quinta

0.85 miles
Hotel Marlowe

1.04 miles
Encore Boston Harbor Hotel

1.06 miles
Royal Sonesta Boston

1.12 miles
The Amory Guest House

1.29 miles

Marshalls

0.58 miles
Star Market

0.59 miles
Target

0.62 miles
Super Stop & Shop

0.68 miles
Reliable Market

0.79 miles
Saks Off 5th

0.82 miles
TJ Maxx

0.83 miles
Assembly Square Marketplace

0.85 miles
Whole Foods Market

0.89 miles
Trader Joe's

0.91 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

1 Washington Street