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$1,410,000

$1,500,000 6.0%

Est. payment - /mo

5 Beds

5 Baths

3,859 SqFt

Sold on 05/30/2025

31-33 Acton St Arlington, MA 02476

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Kathleen Chase

Realtor | License ID: CT RES.0810758

+1(860) 942-9212

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Key Details

Sold Price $1,410,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 3,859 sqft

Price per Sqft $365

MLS Listing ID 73348305

Bedrooms 5

Full Baths 5

Year Built 1907

Annual Tax Amount $13,152

Tax Year 2024

Lot Size 0.290 Acres

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Located in the heart of Arlington Heights, this charming five-family home offers a rare investment opportunity. Consisting of five one-bedroom units and a history of 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 welcomes offers with requests for buyer concessions.

Location

State MA

County Middlesex

Zoning R2

Interior

Heating Natural Gas

Flooring Vinyl, Carpet, Laminate, Hardwood

Laundry Washer Hookup

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Public School

Utilities Available for Gas Range, for Electric Range, for Electric Oven, Washer Hookup

Waterfront Description Beach Front,Lake/Pond,1/2 to 1 Mile To Beach

Roof Type Shingle

Building

Story 9

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Dallin/Brackett

Middle Schools Gibbs/Ottoson

High Schools Arlington High

Listed by Gibson Sotheby's International Realty
Bought with Steve McKenna & The Home Advantage Team • Gibson Sotheby's International Realty

GET MORE INFORMATION

Kathleen Chase

Realtor | License ID: CT RES.0810758

+1(860) 942-9212

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31-33 Acton St Arlington, MA 02476

Key Details

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31-33 Acton St