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991-993 Massachusetts Ave

Lexington, MA 02420
$1,200,000
4 Beds
2 Baths
1,620 Living Area
  • Property Description
    Two-family opportunities in Lexington? Rare. Of the 85 that exist, only 12 have traded since 2020. Most stay in families for decades — and for good reason. The equity story here is real. You hold, you win. So when one comes up, you need to understand the value and be ready to move. 991–993 Mass Ave hasn’t changed hands since 1994. Built in 1940, this duplex has been thoughtfully updated with clean white kitchens, quartz and granite counters, and layouts that make sense. Each unit offers two bedrooms and one full bath, plus solid basement storage. Outside, you’ve got a usable yard, small patio, and a deck off the kitchen — simple, functional, and appealing to tenants. The location checks out: on the bus line, close to Wilson Farm and Route 2. And yes, it cash flows — both sides currently at $3,400. This is the kind of property investors wait for.
  • Highlights
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1940
    • Parking Spots: 4
    • Property Type: 2 Family - 2 Units Side by Side
    • Total Rooms: 10
    • Status: Closed
  • Additional Details
    • Basement: Unfinished
    • Interior Features: Living Room, Dining Room, Kitchen
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Foundation: Concrete Perimeter
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: Rt
  • Amenities
    • Parking Features: Paved Drive
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $914,000
    • Taxes: $11,178
    • Tax Year: 2025
    • Total Rent: $6,800

Location

991-993 Massachusetts Ave, Lexington, MA 02420

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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 Coldwell Banker Realty - Lexington. 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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