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578 Marrett Rd, Lexington, MA

Lexington · MA 02421

$1,670,000
Price
5
Beds
6
Baths
4434
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 0.4 Acre Lot
Price per square foot: $361 / Sq.Ft
Parking: 1 Garage Space · 10 Off Street Spaces

About this home

This versatile property, owned and maintained by the same family for nearly 50 years, with a strong rental history, offers excellent income potential with two separate dwellings. The larger building, currently configured as three units, could be used as a rental property or converted into a spacious 2,300 square foot, 3-4 bedroom home. See MLS attachments to review a rough plan. A new roof (one year old) and fresh exterior paint enhance its appeal. The second dwelling provides valuable rental income or could be a private residence for extended family or guests. In addition to a one car garage, there is plenty of exterior storage space. Buyer and/or buyer's agent to perform due diligence. The seller and listing agent make no representations regarding future use.

Neighborhood & Transit

578 Marrett Rd, Lexington · MA 02421

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:
616 days
Listing Price:
$1,599,000
Price per Sq.Ft:
$361
Tax Assessment:
$1,644,000 in 2025
Taxes:
$1,676 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
5
Half Bathrooms
2
Living Area
4,434 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Public records used for floors 1 & 2, lower levels measured.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3472
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

Exterior Features

Lot Size
17,242 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard
Roof
Unknown

Green Features

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

Listing information

Listing agent
Martha Sevigny
Listing office
William Raveis R.E. & Home Services
MLS PIN #
73338203
Disclosure
Unit 1 was previously a 2 bdr and could easily be converted back. See attached plans.Please note that property is in RS zone for single family, but is pre-existing, non-conforming use.
Disclosure
Public records used for floors 1 & 2, lower levels measured.