Opportunity to own a 3-Family in East Arlington LOCATION. Excellent potential to remodel for New Owner Move-in with Rental Income or for Investment. First floor Apt. is presently the Owner's unit. Needs TLC/upgrades to realize Rental Market Value. 2nd. floor unit is occupied as Tenant-at-Will at $1,700.per month w/hot water incl.& 1-car driveway parking. 3rd. floor Apt. also occupied Tenant-at-Will at $1,850.per month, includes Hot Water & 1-car off-street parking which is a rented parking space on Mass .Ave. Present Owner pays $150.00 per month for the space. A new Owner will have option to rent this space if wanted .Asphalt Roof installed 4/1998. - 2 Gas Burnham Boilers Heat systems installed 9/2014. 3rd. floor Gas Rinnai Heater installed in 2009. 2-Rheem 40 Gal. Gas Hot Water Heaters installed 9/2018. Tenants share Laundry W/D in basement (not coin-operated, Kenmore Elite Models-included in sale).Near Public Transport to Alewife Redline T, Bike Path & Local shopping.
Sale Statistics
Sale Overview
Original List Price:$1,075,500
Final Sale Price:$1,113,000
Difference:
+$37,500 (+3.5%)
Performance Metrics
103.5%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$410
Sale $/sq ft:$425
This property sold for $425 per square foot
Sale Summary
This property sold for 3.5% above the original asking price, indicating strong buyer demand.
With only 15 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1902
Bedrooms
6
Full Bathrooms
3
Living Area
2,621 sq ft
Total Rooms
14
Stories
3
Levels
3
Interior Features
Flooring
Carpet, Varies, Tile, Wood
Heating
Hot Water, Steam, Natural Gas, Baseboard
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Range Hood
Interior Features
Ceiling Fan(s), Bathroom With Tub & Shower, Pantry, Living Room, Dining Room, Kitchen, Sunroom
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Bulkhead, Sump Pump, Concrete, Unfinished
Window Features
Insulated Windows, Storm Window(s)
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Brick/Mortar
Foundation Area
1,000 sq ft
Patio/Porch Features
Enclosed, Screened
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.09 acres
Lot Size
3,999 sq ft
Lot Size Area
0.0900
Lot Features
Level
Frontage Length
40 ft
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Paved Drive, Off Street, Leased, Paved
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
