About this home
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.
Listing last checked: Listing updated:
Listed by Michael Lord · Capital Realty Group · MLS #73584218
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Details at a glance
Interior4 property facts
- Rooms
- 14
- Heating
- Steam, Natural Gas, Baseboard
- Flooring
- Wood, Tile, Varies
- Basement
- Yes · Full, Interior Entry, Concrete, Unfinished
Building6 property facts
- Style
- Multi Family
- Year built
- 1920
- Garage
- 2
- Parking
- 4
- Foundation
- Stone
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.07 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- R2
Financial2 property facts
- Annual taxes
- $12,117
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,199,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,073 / monthAdjust
- Principal & interest
- $6,063
- Property tax
- $1,010
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $12,117. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- New
$3,450 · Oct 11, 2026
More property insights
Automated value estimate $1,262,324
Estimated range $1,146,855–$1,377,794.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 27-29 Lake Street
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