202 Massachusetts Ave
$12,000,000
26
Beds
20
Baths
39,900
Sqft
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$12,000,000
26
Beds
20
Baths
39,900
Living Area
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Property Description
Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49–55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1915
- Parking Spots: 5
- Property Type: 5-9 Family
- Total Rooms: 44
- Status: Active
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Additional Details
- Foundation: Concrete Perimeter
- SqFt Source: Owner
- Year Built Details: Approximate
- Zoning: B3
- Lot Features: Corner Lot, Level
- Total Number of Units: 24
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $6,297,900
- Taxes: $68,190
- Tax Year: 2026
- Total Rent: $4,000
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Carl Christie.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.