Sold!
$1,113,000
6
Beds
3
Baths
2,621
Living Area
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Property Description
Opportunity to own a 3-Family in East Arlington LOCATION. Excellent potential to remodel for New Owner Move-in with Rental Income or for Investment. First floor Apt. is presently the Owner's unit. Needs TLC/upgrades to realize Rental Market Value. 2nd. floor unit is occupied as Tenant-at-Will at $1,700.per month w/hot water incl.& 1-car driveway parking. 3rd. floor Apt. also occupied Tenant-at-Will at $1,850.per month, includes Hot Water & 1-car off-street parking which is a rented parking space on Mass .Ave. Present Owner pays $150.00 per month for the space. A new Owner will have option to rent this space if wanted .Asphalt Roof installed 4/1998. - 2 Gas Burnham Boilers Heat systems installed 9/2014. 3rd. floor Gas Rinnai Heater installed in 2009. 2-Rheem 40 Gal. Gas Hot Water Heaters installed 9/2018. Tenants share Laundry W/D in basement (not coin-operated, Kenmore Elite Models-included in sale).Near Public Transport to Alewife Redline T, Bike Path & Local shopping.
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Highlights
- Heating: Hot Water, Steam, Natural Gas, Baseboard
- Property Class: Residential Income
- Total Rooms: 14
- Status: Closed
- Parking Spots: 1
- Property Type: 3 Family - 3 Units Up/Down
- Year Built: 1902
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Range Hood
- Construction: Frame
- Foundation: Stone, Brick/Mortar
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Pantry, Living Room, Dining Room, Kitchen, Sunroom
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Bulkhead, Sump Pump, Concrete, Unfinished
- Flooring: Carpet, Varies, Tile, Wood
- Foundation Area: 1000
- Lot Features: Level
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: 105
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station, University, Sidewalks
- Parking Features: Paved Drive, Off Street, Leased, Paved
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Utilities
- Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $997,200
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $3,550
- Buyer Agent Compensation: 2.0%
- Rental Fee Includes: Unit 1(None), Unit 2(Other (See Remarks)), Unit 3(Hot Water)
- Taxes: $10,702
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