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
September 16, 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 9:21 PM UTC, 9/16/2024
