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578 Marrett Rd

Lexington, MA 02421
$1,670,000
5 Beds
5/2 Baths
4,434 Living Area
  • Property Description
    This versatile property, owned and maintained by the same family for nearly 50 years, with a strong rental history, offers excellent income potential with two separate dwellings. The larger building, currently configured as three units, could be used as a rental property or converted into a spacious 2,300 square foot, 3-4 bedroom home. See MLS attachments to review a rough plan. A new roof (one year old) and fresh exterior paint enhance its appeal. The second dwelling provides valuable rental income or could be a private residence for extended family or guests. In addition to a one car garage, there is plenty of exterior storage space. Buyer and/or buyer's agent to perform due diligence. The seller and listing agent make no representations regarding future use.
  • Highlights
    • Cooling: Ductless, Window Unit(s), Central Air
    • Levels: 6
    • Property Class: Residential Income
    • Stories: 6
    • Year Built: 1900
    • Heating: Natural Gas
    • Parking Spots: 11
    • Property Type: 5+ Family - 5+ Units Up/Down
    • Total Rooms: 18
    • Status: Closed
  • Additional Details
    • Appliances: Range, Dishwasher, Disposal, Refrigerator
    • Exterior Features: Balcony/Deck
    • Flooring: Varies, Tile, Hardwood, Carpet
    • Interior Features: Ceiling Fan(s), Cathedral/Vaulted Ceilings, Walk-In Closet(s), Slider, Cedar Closet(s), Open Floorplan, Bathroom with Shower Stall, Kitchen, Laundry Room, Living RM/Dining RM Combo, Mudroom, Office/Den, Living Room, Dining Room
    • Roof: Shingle
    • Total Number of Units: 5
    • Year Built Source: Public Records
    • Construction: Frame
    • Fireplaces: 2
    • Foundation: Stone
    • Lot Features: Gentle Sloping
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Rs
  • Amenities
    • Covered Parking Spaces: 1
    • Parking Features: Off Street, Assigned
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,644,000
    • Tax Year: 2025
    • Total Rent: $10,075
    • Rental Fee Includes: Unit 1(Heat, Electric, Water), Unit 2(Heat, Water), Unit 3(Heat, Water), Unit 4(Heat, Water, Hot Water)
    • Taxes: $20,106

Location

578 Marrett Rd, Lexington, MA 02421

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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 Keller Williams Realty Boston Northwest. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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