Pending

Under Agreement

31-33 Acton St

Arlington MA, 02476

$1,500,000


$388.70 per sqft

Pending

Under Agreement

5 Beds

5 Baths

3,859 sqft

Multi-family

Built in 1907

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.

73273747

MLS ID

August 5, 2024

Listed

October 7, 2024

Updated

Map

31-33 Acton St
Arlington MA, 02476

Interior Features

Total Stories

9


Bedrooms

5


Total Bathrooms

5


Full Bathrooms

5


Interior Features

Bathroom With Tub Shower, Living Room, Dining Room, Kitchen, Office/Den


Appliances

Range, Refrigerator


Laundry Description

Washer Hookup


Floor Description

Vinyl, Carpet, Laminate, Hardwood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.29 Acres


Exterior Features

Rain Gutters


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Arlington High


Elementary School

Dallin/Brackett

Other Property Details

Taxes

$13,152


Tax Frequency

Annually


Days on Market

25


Garage

No


Parking

Paved Drive, Off Street, Paved


Parking Total

5


View

No


County

Middlesex


Water Source

Public


Pool

No


Zoning

R2

Listing History

Date

Event

Price

8/30/2024

Pending

8/16/2024

Under contract

 

Courtesy of Steve McKenna & The Home Advantage Team, Gibson Sotheby's International Realty

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Data last updated 7:17 PM UTC, 10/7/2024

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