77-79 Arlington St
$15,000,000
81
Beds
54
Baths
30,048
Sqft
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$15,000,000
81
Beds
54
Baths
30,048
Living Area
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Property Description
Arlington Commons consists of two, twin 27-unit brick buildings and contains (27) 2-Bed/1-Bath units, (21) 1-Bed/1-Bath units, and (6) Studio units. The Property has been subject to significant capital improvements, with (48) of the units recently renovated with updated kitchens, bathrooms and flooring throughout, common area renovations, exterior renovations including landscaping and painting, new rubber roofs, new parking lot, new sewer pumps, and new vinyl replacement windows. Tenants of the Property are responsible for their own heat (electric) while the landlord is responsible for common area electric, gas-fired hot water and domestic water and sewer. Arlington Commons offers the opportunity to acquire a renovated property with high historical occupancy and future upside in a desirable MetroWest location at a significant discount to replacement cost. The subject property is ideal for a potential buyer looking for an attractive, stabilized asset and income growth.
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Highlights
- Acres: 1
- Parking Spots: 58
- Property Type: 5+ Family - 5+ Units Side by Side
- Total Rooms: 99
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1970
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Additional Details
- Foundation: Other
- Roof: Rubber
- Total Number of Units: 54
- Year Built Source: Public Records
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: G
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $9,979,300
- Tax Year: 25
- Total Rent: $32,767
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water)
- Taxes: $120,332
Content © 2025 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 Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.