578 Marrett Rd, Lexington MA 02421
About this home
This versatile property, owned and maintained by the same family for nearly 50 years, with a strong rental history, offers excellent income potential with two separate dwellings. The larger building, currently configured as three units, could be used as a rental property or converted into a spacious 2,300 square foot, 3-4 bedroom home. See MLS attachments to review a rough plan. A new roof (one year old) and fresh exterior paint enhance its appeal. The second dwelling provides valuable rental income or could be a private residence for extended family or guests. In addition to a one car garage, there is plenty of exterior storage space. Buyer and/or buyer's agent to perform due diligence. The seller and listing agent make no representations regarding future use.
Sale Statistics
This property sold for 4.4% above the original asking price, indicating strong buyer demand.
With only 9 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
578 Marrett Rd, Lexington MA 02421
Lexington, MA 02421
Walkability
Schools
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Mar 20, 2025Listed for Sale
Feb 25, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/20/2025 | ✓ Sold | $1,670,000 | - | - | Property sold |
| 02/25/2025 | 🏠 Listed for Sale | $1,599,000 | - | - | Original listing |