Skip To Content

361 Massachusetts Ave

Arlington, MA 02474
  • $1,850,000
  • STATUS: Active
  • MLS #: 72985497
$1,850,000
  • 1
    BEDS
  • 0.24
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,895
    SQFT
  • $475
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Listing courtesy of David Lilley of Re/Max Destiny.

Description

Rare Opportunity to own a lovely, East Arlington Victorian mixed use property right on Massachusetts Ave. Situated on a sunlit corner lot nestled between bustling Arlington Center and convenient East Arlington, this turnkey gem comes fully tenanted with 10 offices and 1 residential rental unit. Plenty of room for tenants and customers in the large parking lot in back. Meticulously maintained, professional building with secure entry system, gracious hallways and staircases, and multiple restrooms. Top floor rental is a large 1 bedroom with hardwood floors, alcoves, and antique windows. Ample room for storage in full sized basement. Easily accessed via public transportation and Rt 2. Downtown Boston and Cambridge are close by. Options abound here for buyers: combine the offices and run your business from here, live upstairs, or just keep it as is as a ready-made income producing property.

Monthly Payment Calculator



The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-02T00:11:04.13.
www.dna-realty.com/homes/128940669
Print Image

361 Massachusetts Ave Arlington, MA 02474

  • Price: $1,850,000
  • Status: Active
  • On Site: Days
  • MLS #: 72985497
1
Beds
3
Baths
0
½ Baths
0.24
Acres
3,895
SQFT
$475
$/SQFT
1900
Built
Neighborhood:
East Arlington
County:
Middlesex
Area:
East Arlington
Property Description
Rare Opportunity to own a lovely, East Arlington Victorian mixed use property right on Massachusetts Ave. Situated on a sunlit corner lot nestled between bustling Arlington Center and convenient East Arlington, this turnkey gem comes fully tenanted with 10 offices and 1 residential rental unit. Plenty of room for tenants and customers in the large parking lot in back. Meticulously maintained, professional building with secure entry system, gracious hallways and staircases, and multiple restrooms. Top floor rental is a large 1 bedroom with hardwood floors, alcoves, and antique windows. Ample room for storage in full sized basement. Easily accessed via public transportation and Rt 2. Downtown Boston and Cambridge are close by. Options abound here for buyers: combine the offices and run your business from here, live upstairs, or just keep it as is as a ready-made income producing property.
Exterior Features

Beachfront No Color Whte Construction Frame Exterior Clapboard Foundation Fieldstone Lot Description Corner Parking Features Off-Street Parking Spaces 10 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

Interior Features

Basement Yes Basement Features FullConcrete Floor Bedrooms Unit1 1 Bedrooms Unit2 0 Bedrooms Unit3 0 Bedrooms Unit4 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring Wall To Wall CarpetVaries Per UnitHardwood Floors Unit1 3 Floors Unit2 2 Floors Unit3 1 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 0 Full Baths Unit3 0 Full Baths Unit4 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 2 Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 9 Rooms Unit1 3 Rooms Unit2 2 Rooms Unit3 2 Rooms Unit4 1

Property Features

Amenities Public TransportationShoppingParkMedical FacilityBike PathHighway AccessHouse Of WorshipPublic SchoolT-StationUniversity Apod Available Yes Assessments 1222700.00 Disclosure No Disclosures Please Click The Paperclip For income And Expenses Sheet Electric Features 220 Volts Expenses Source Owner Provided Expenses Year End 12/22 Gross Operating Income 109500 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 5-9 Family Net Operating Income 95738 Rent Unit1 1950 Rent Unit2 950 Rent Unit3 950 Rent Unit4 800 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2022 Taxes 13963.00 Water City/Town Water Year Built Description Actual Year Built Source Public Record Year Round Yes Zoning B1

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of David Lilley of Re/Max Destiny.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-02T00:11:04.13.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_2_72985497_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_2_72985497_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_2_72985497_1.jpg
Logo
DNA Realty Group | Keller Williams Realty
138 River Rd #107
Andover MA, 01810
Listing courtesy of David Lilley of Re/Max Destiny.