31-33 Acton St Save Request In-Person Tour Request Virtual Tour
Arlington,MA 02476
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,859 sqft
Price per Sqft $388
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