27-29 Lake Street, Arlington MA 02474
Arlington, MA 02474
$1,199,000
Est. $7,273/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.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
Open House Schedule
03
Oct
Saturday, October 3
12:00 PM - 1:30 PM EDT
01
Oct
Thursday, October 1
1:00 PM - 2:00 PM EDT
About this home
Exceptional two-family opportunity in sought-after East Arlington! Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a well-located income-producing property, this versatile property checks all the boxes. One unit will be delivered vacant at closing, offering immediate flexibility, while the second unit provides established rental income. Filled with period charm, the home features sun-drenched living spaces, hardwood floors, built-in cabinetry, spacious kitchens, and private outdoor areas. Conveniently located near Capitol Square's restaurants and cafés, the Minuteman Bikeway, public transportation, Alewife Station, and all that Arlington has to offer. Additional features include separate utilities, off-street parking, a two-car garage, and a desirable neighborhood location. A rare opportunity to invest, occupy, or both in one of Greater Boston's most vibrant communities.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 30, 2026
$1,199,000
Original listing
Agent: Michael Lord
Office: Capital Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/30/2026 | 🏠 Listed for Sale | $1,199,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $12,117 | $1,125,100 |
Financial Details
Annual Property Tax
$12,117
Tax Year 2026
Assessed Value
$1,125,100
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1920
Living Area
2,745 sq ft
Lot Size
0.07 acres
Stories
3
Bedrooms
6
Full Baths
3
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$5,123/mo · Y
Total Monthly Rent
$5,123/mo
Gross Income
$61,476
Net Operating Income
$61,476
Cap Rate
5.13%
Interior
Heating
Steam, Natural Gas, Baseboard
Cooling
None
Flooring
Wood, Tile, Varies
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Full, Interior Entry, Concrete, Unfinished
Laundry
None
Features
Living Room, Dining Room, Kitchen, Office/den
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street, Driveway
Total Spaces
4
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$12,117
Assessed Value
$1,125,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Other
Documents
None
County
Middlesex
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Living Area
2,745 sq ft
Total Rooms
14
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,745 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck
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, Varies
Appliances:
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Living Room, Dining Room, Kitchen, Office/Den
Windows:
Basement:
Full, Interior Entry, Concrete, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Steam, Natural Gas, Baseboard
Cooling:
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony
Patio & Porch:
Porch, Deck
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Driveway
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
$1,010
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
Loading map...
Neighborhood
27-29 Lake Street, Arlington MA 02474
Arlington, MA 02474
Listing Information
Listing Agent
Michael Lord
Listing Office
Capital Realty Group
Office Phone
508-395-8333
Agent MLS ID
CT002574
Office MLS ID
AN7811
Listing Data Updated
Sep 30, 2026 5:10 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Arlington.