Sold
77-79 Arlington St, Framingham, MA
Framingham · MA 01702
- $15,100,000
- Price
- 81
- Beds
- 54
- Baths
- 30048
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1970
Units:
54 Units
Lot size:
1.12 Acres Lot
Price per square foot:
$499 / Sq.Ft
Parking:
58 Off Street Spaces
About this home
Arlington Commons consists of two, twin 27-unit brick buildings and contains (27) 2-Bed/1-Bath units, (21) 1-Bed/1-Bath units, and (6) Studio units. The Property has been subject to significant capital improvements, with (48) of the units recently renovated with updated kitchens, bathrooms and flooring throughout, common area renovations, exterior renovations including landscaping and painting, new rubber roofs, new parking lot, new sewer pumps, and new vinyl replacement windows. Tenants of the Property are responsible for their own heat (electric) while the landlord is responsible for common area electric, gas-fired hot water and domestic water and sewer. Arlington Commons offers the opportunity to acquire a renovated property with high historical occupancy and future upside in a desirable MetroWest location at a significant discount to replacement cost. The subject property is ideal for a potential buyer looking for an attractive, stabilized asset and income growth.
Neighborhood & Transit
77-79 Arlington St, Framingham · MA 01702
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Framingham Commuter Rail 1 route 0.25 mi
- Framingham/Worcester Line
Price Insight
- Days on Market:
- 250 days
- Listing Price:
- $15,000,000
- Price per Sq.Ft:
- $499
- Tax Assessment:
- $9,979,300 in 25
- Taxes:
- $10,028 / Monthly
Home Facts
Interior Features
- Bedrooms
- 81
- Full Bathrooms
- 54
- Half Bathrooms
- 0
- Living Area
- 30,048 Sq.Ft (Includes Basement)
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 15024
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 48,787 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 58 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Kelleher - Pentore Team
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73430910
- Disclosure
- The Total Monthly Rent is $111,410 with 2 vacant units set to market rent, and the Total Number of Rooms is 177. Current inputs for both metrics are the maximum allowed by MLS.