124 Jason St, Arlington MA 02476
Arlington, MA 02476
$1,299,000
Est. $7,907/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
17
Sep
Thursday, September 17
4:30 PM - 6:00 PM EDT
18
Sep
Friday, September 18
11:00 AM - 12:30 PM EDT
20
Sep
Sunday, September 20
11:00 AM - 12:30 PM EDT
About this home
Prime Jason Street Neighborhood opportunity across from Menotomy Rocks Park! Rarely available, this two-family home offers an exceptional location and tremendous potential for a buyer, investor, or developer looking to create something special. Situated directly across from the park and just steps to the pond, walking trails, Whole Foods, and all that the Jason Street neighborhood has to offer, this is a location that is hard to replicate. The property presents an exciting opportunity to renovate and reimagine the existing two-family home to suit your needs. Explore the potential to convert the property to a beautiful single-family residence, create an ADU, pursue a condominium conversion, or maintain it as a two-family home. The possibilities are particularly appealing for those looking to add value in a premier Arlington location.The home retains much of its original character and architectural detail, providing a wonderful foundation for a thoughtful renovation. There is a walk-up attic offering additional potential, while the basement features high ceilings and excellent storage or future-use possibilities. Several important improvements have already been made, including newer heating systems, hot water, windows, and roof, providing a head start for the next owner.The property also offers a nice yard with ample off-street parking. The existing parking area could accommodate multiple vehicles or potentially be reimagined to create a more expansive rear yard, garden, or outdoor living space. The home requires updating and renovation and will be sold in its current “as-is” condition. For the buyer with vision, this is a rare chance to create substantial value in an extraordinary neighborhood, whether as a personal residence, investment property, or development opportunity. Opportunities in this location and with this level of flexibility are rarely available.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 17, 2026
$1,299,000
Original listing
Agent: Steve McKenna & The Home Advantage Team
Office: Gibson Sotheby's International Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/17/2026 | 🏠 Listed for Sale | $1,299,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $13,657 | $1,280,000 |
Financial Details
Annual Property Tax
$13,657
Tax Year 2026
Assessed Value
$1,280,000
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1916
Living Area
2,447 sq ft
Lot Size
0.13 acres
Stories
3
Bedrooms
5
Full Baths
3
Total Rooms
11
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$1,250/mo · N
Total Monthly Rent
$1,250/mo
Gross Income
$15,000
Net Operating Income
$15,000
Cap Rate
1.15%
Interior
Heating
Steam, Natural Gas
Cooling
None
Flooring
Wood, Tile, Carpet, Hardwood
Appliances
Range, Dishwasher, Refrigerator
Fireplace
None
Basement
Full, Concrete
Laundry
None
Features
Ceiling Fan(s), Floored Attic, Walk-up Attic, Crown Molding, Storage, Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
6
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$13,657
Assessed Value
$1,280,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
This Is An Estate Sale And Is Being Sold As Is. Roof Is Approximately 10-11 Years Old, 1 Hot Water Heater Is 1 Year Old, Some Windows Were Replaced In 2004.
Additional Details
Possession
None
Accepted Financing
Other (see Remarks)
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Square footage and measurements are approximate and for marketing purposes only.
Documents
None
County
Middlesex
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1916
Bedrooms
5
Full Bathrooms
3
Living Area
2,447 sq ft
Total Rooms
11
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,447 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Carpet, Hardwood
Appliances:
Range, Dishwasher, Refrigerator
Interior Features:
Ceiling Fan(s), Floored Attic, Walk-Up Attic, Crown Molding, Storage, Living Room, Dining Room, Kitchen
Windows:
Insulated Windows, Storm Window(s), Screens
Basement:
Full, Concrete
Laundry:
Security:
Construction & Materials
Year Built:
1916
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Steam, Natural Gas
Heating Zones:
2
Cooling:
None
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Easements, Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,138
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
124 Jason St, Arlington MA 02476
Arlington, MA 02476
Listing Information
Listing Agent
Steve McKenna & The Home Advantage Team
Listing Office
Gibson Sotheby's International Realty
Office Phone
781-648-3500
Agent MLS ID
TM336360
Office MLS ID
AN6101
Listing Data Updated
Sep 17, 2026 11:36 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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