Off Market

31-33 Acton St, Arlington, MA

Arlington · MA 02476

$1,500,000
Price
5
Beds
5
Baths
3859
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1907
Units: 5 Units
Lot size: 0.29 Acre Lot
Price per square foot: $389 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Located in the heart of Arlington Heights, this charming five-family home offers a rare investment opportunity. Consisting of five one-bedroom units, each occupied by long-standing tenants, this property boasts strong and stable rental income. Grandfathered as a legal five-family home, it provides unique investment security. Meticulously maintained and owned by the same dedicated owner for over 60 years, this residence has stood the test of time. Its prime location, coupled with the reliability of long-term tenants, makes this property an exceptional addition to any investor?s portfolio. Recent upgrades include newer heating systems, hot water tanks, and updated electrical systems, with rents covering both heat and hot water. All tenants are eager to stay, ensuring continued stability and income potential for the future owner. Seller is willing to provide Buyer with financial incentives in the form of closing cost credits or other compensation.

Neighborhood & Transit

31-33 Acton St, Arlington · MA 02476

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:
820 days
Listing Price:
$1,500,000
Price per Sq.Ft:
$389
Tax Assessment:
$1,241,900 in 2024
Taxes:
$1,096 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,859 Sq.Ft
Broker Disclosure about Living Area
SF is approximate and according to public record
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3859
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 200 Amps

Exterior Features

Lot Size
12,659 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Steve McKenna & The Home Advan
Listing office
Gibson Sotheby's International Realty
MLS PIN #
73273747
Disclosure
Tenants are on TAW and would like to stay.
Disclosure
SF is approximate and according to public record