For Sale
$2,495,000

Massachusetts AveArlington, MA 02474

Victorian Charm, Updated Units, High Income Potential

Overview

Added:
Feb 3
Days on market:
70
This exceptional Victorian-style mixed-use building presents a unique investment opportunity in the desirable Arlington Center. The property boasts three recently renovated residential units, each featuring spacious open floor plans, updated kitchens, and modern bathrooms. These units are currently generating rental income and are well-suited for continued rental or potential condo conversion. Adding to the income potential is a separate, private 2-room office suite with its own entrance and bathroom, ideal for professional use or a small business. The main residential unit, located on the first floor, is a beautifully updated 2-bedroom apartment with over five rooms, showcasing the building's classic charm. The lower level offers significant untapped potential for expansion or the creation of additional living space or commercial area. Beyond the building itself, the property includes a convenient parking area and a large barn, providing ample storage and offering exciting possibilities for renovation or repurposing. The 0.15-acre lot is situated in a prime location within Arlington Center. The seller is open to offering potential concessions or compensation, making this an even more attractive proposition. This property is perfect for an end-user, investor, or developer seeking a blend of historic character and modern functionality in a thriving community.

Property Details for Massachusetts Ave

Property type
Year Built
1900
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Arlington
County
Middlesex
State
Massachusetts
Latitude
42.40113
Longitude
-71.13639
Massachusetts Ave, Arlington, Massachusetts

FAQs

What type of property is this?
Commercial real estate - Victorian Charm, Updated Units, High Income Potential
Where is the commercial real estate located?
The property is located at Massachusetts Ave Arlington, MA.
What is the asking price?
The asking price for this property is $2,495,000.
How can I contact the broker?
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Massachusetts Ave
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