Sold
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.