Off Market
1475 Massachusetts Ave Unit 463, Lexington, MA
Lexington · MA 02420
- $560,000
- Price
- 2
- Beds
- 1
- Baths
- 1138
- Sq. ft.
Overview
Property type:
Condominium
HOA: HOA: $418 / mo
- HOA Fees Include
- Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
- Special Assessment
- No
Floor:
4th · Penthouse
Accessibility:
Elevator
Pets:
No Pets
Parking:
2 Off Street Spaces
Heating & cooling:
Heat, Heat Pump, Electric, AC
Laundry:
In Building Laundry
Outdoor space:
Common Outdoor
About this home
One of the very few ever available affordable and moderate-income Lexington condominiums puts you in a prime Lexington Center location, one of the area’s most desirable places to live. The owner will consider allowable seller concessions for an interest rate buy-down, closing costs, or prepaids to help make homeownership more affordable. CONVENIENCE: Everything you need is right outside your door. Stroll to Lexington Center for shops, restaurants, the library, the seasonal farmers’ market, and the historic Battle Green. The Lexpress shuttle, stoping directly across the street, takes you to Wilson Farm, Stop & Shop, Market Basket, the Lexington Community Center, Burlington Mall, Arlington Heights, and other local hubs, while two MBTA commuter bus routes also with stops directly across from building link you directly to Alewife Station and the Red Line for an easy ride into Boston and Cambridge. Prefer to stay active? The Minuteman Bikeway and the Across Lexington trail system are close by for biking, walking, and jogging. FEATURES: Ride the elevator up to your top-floor corner unit retreat in one of Lexington’s most iconic schoolhouse conversions. This sun-filled 2-bedroom condo features a spiral staircase to a loft bedroom, an eat-in kitchen, large bath and a glass slider to your private outdoor deck. Move right in and enjoy exceptional value in a well-maintained building with one permanent parking space, with extra spots for a second car or guests always available. On-site laundry and bike storage make daily life easier, and families can look forward to Lexington’s renowned schools with year-round central enrollment. DETAILS: Muzzey High Condominiums, developed by LexHAB offers one of the only affordable path to home ownership in Lexington. To keep affordable LexHab limits both the resale price and buyer household income, increased annually. The resale value grows 5% per year from the most recent sale price and today this would be approximately $600,000 and as of 5/31/2026 income ceilings are high at $339,050 (1 person), $387,901 (2 people), and $402,440 (3 people). These are owner-occupied condominiums with short approved exceptions to the rental prohibition for approved reasons; a residential, not investment condo, good for families, singles, retirees and those who want a residential lifestyle.
Neighborhood & Transit
1475 Massachusetts Ave, Lexington · MA 02420
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 146 days
- Listing Price:
- $560,000
- Price per Sq.Ft:
- $492
- Tax Assessment:
- $492,265 in 2025
- Taxes:
- $502 / Monthly
- HOA Fee:
- $418 / Monthly
Home Facts
Where is the Unit in the building?
- Unit Placement
- 4th | Top/Penthouse
- Elevator
- Yes
- Handicap Access
- Unknown
Interior Features
- Bedrooms
- 2
- Full Bathrooms
- 1
- Half Bathrooms
- 0
- Living Area
- 1,138 Sq.Ft
- Kitchen
- Main Floor, Stainless Steel Appliances, Eat-in Kitchen, Skylight, Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator
- Primary Bedroom
- Main Floor, Double Closet, Skylight
- Laundry
- In Building
- Living levels
- 2
- Rooms
- 4
- Above grade area
- 1138
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Heat Pump, Electric
- Heating Zone
- Unknown
- Cooling
- Central Air
- Cooling Zones
- Unknown
- Water
- City/Town Water
- Sewer
- City/Town Sewer
- Electric Features
- Circuit Breakers
Exterior Features
- Outdoor Space
- Yes - Common
- Features
- Balcony
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces, Off-Street
Home Owner Association information
- Restrictions
- Unknown
- HOA
- $418 / Monthly
- HOA Includes
- Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
- Special Assessment
- No
- Pets allowed
- No
- Security
- Intercom
Room details
- Living room level
- First Floor
- Living room dimensions
- 15X14
- Living room features
- Ceiling - Vaulted, Exterior Access, Slider
- Kitchen dimensions
- 23X11
- Primary bedroom dimensions
- 14X11
- Bedroom 2 level
- Second Floor
- Bedroom 2 dimensions
- 17X12
- Bedroom 2 features
- Skylight, Closet - Double
Listing information
- Listing agent
- Andrew Dixon
- Listing office
- MA Properties
- MLS PIN #
- 73534693
- Disclosure
- RHSO to determine maximum resale value based on sale date. Household Income Restrictions: (1 Person) $339,050, (2) $387,901 (3) $402,440.
