202 Massachusetts Ave, Arlington MA 02474

Arlington, MA 02474
$12,000,000
Est. $66,561/month
40,050
Sq Ft
$300
Price/Sq Ft
0.55
Acres
1915
Year Built
4 hours 29 minutes
Time on Market
Active Listed Jul 23, 2026 • MLS# 73553935 Copied! • Updated Jul 23, 2026

About this home

Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49–55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION **the property was offered under listing 73546199

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 23, 2026
$12,000,000
Original listing
Agent: Carl Christie Office: Carl Christie

Tax History

Year Taxes Assessment
2026 $68,191

Financial Details

Annual Property Tax
$68,191
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1915
Living Area 40,050 sq ft
Lot Size 0.55 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $68,191
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
Commercial Sale
Year Built
1915
Living Area
40,050 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1915
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Arlington School District local
A+
School Safety 2024-25
0.5% Low
0.4% Suspensions 0.2% In-School 0.1% Emergency
5.0% below state avg
E

Elementary Schools

10 schools
Lesley Ellis School
0.2 mi
Grades PK-07
St. Agnes Elementary School
0.8 mi
Grades K-08
A
Hardy School
0.2 mi | #116 of 824 | Score: 58.2
Improved 6 spots from last year
+-0 above state avg
382 students Diverse
Grades K-05
A-
Thompson Elementary School
0.4 mi | #201 of 824 | Score: 54.9
Dropped 52 spots from last year
-3.3 below state avg
537 students Diverse
Grades K-05
Arlington Children's Center
1.0 mi
Grades PK-K
Menotomy Preschool
1.0 mi
100 students Very Diverse
Diverse Student Body
Grades PK
A+
John A Bishop School
1.4 mi | #52 of 824 | Score: 62.2
Improved 10 spots from last year
+4 above state avg
375 students Diverse
Grades K-05
A
Brackett School
1.8 mi | #120 of 824 | Score: 58.0
Dropped 7 spots from last year
-0.2 below state avg
394 students Diverse
Strong Attendance
Grades K-05
A-
M. Norcross Stratton Elementary School
2.0 mi | #180 of 824 | Score: 56.0
Dropped 38 spots from last year
-2.2 below state avg
448 students Diverse
Diverse Student Body
Grades K-05
A+
Peirce School
2.4 mi | #57 of 824 | Score: 61.8
Dropped 23 spots from last year
+3.6 above state avg
318 students Diverse
Grades K-05
M

Middle Schools

2 schools
A+
Gibbs School
0.4 mi | #31 of 352 | Score: 60.0
Improved 8 spots from last year
+1.8 above state avg
529 students Diverse
Strong Attendance
Grades 06
A+
Ottoson Middle School
2.0 mi | #4 of 352 | Score: 65.2
Improved 13 spots from last year
+7 above state avg
963 students Diverse
Strong Attendance
Grades 07-08
H

High Schools

1 school
Arlington Catholic High School
0.8 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $5,683
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

Interest
Principal
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

202 Massachusetts Ave, Arlington MA 02474

Arlington, MA 02474

Listing Information

Listing Agent Carl Christie
Listing Office Carl Christie
Office Phone 617-942-1137
Agent MLS ID CN238517
Office MLS ID AN6071
Listing Data Updated Jul 23, 2026 8:35 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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