Homes for sale - 77-79 Arlington St, Framingham, MA 01702

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Jim Armstrong

jarmstrong@aluxety.com +1(978) 394-6736

$15,000,000

Est. payment - /mo

81 Beds

54 Baths

30,048 SqFt

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Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 30,048 sqft

Price per Sqft $499

MLS Listing ID 73430910

Bedrooms 81

Full Baths 54

Year Built 1970

Annual Tax Amount $120,332

Tax Year 25

Lot Size 1.120 Acres

Acres 1.12

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

Arlington Commons consists of two, twin 27-unit brick buildings and contains (27) 2-Bed/1-Bath units, (21) 1-Bed/1-Bath units, and (6) Studio units. The Property has been subject to significant capital improvements, with (48) of the units recently renovated with updated kitchens, bathrooms and flooring throughout, common area renovations, exterior renovations including landscaping and painting, new rubber roofs, new parking lot, new sewer pumps, and new vinyl replacement windows. Tenants of the Property are responsible for their own heat (electric) while the landlord is responsible for common area electric, gas-fired hot water and domestic water and sewer. Arlington Commons offers the opportunity to acquire a renovated property with high historical occupancy and future upside in a desirable MetroWest location at a significant discount to replacement cost. The subject property is ideal for a potential buyer looking for an attractive, stabilized asset and income growth.

Location

State MA

County Middlesex

Zoning G

Direction Please use GPS

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Roof Type Rubber

Total Parking Spaces 58

Garage No

Building

Lot Description Other

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Horvath & Tremblay

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Jim Armstrong

+1(978) 394-6736

REALTOR® | License ID: 9074205

REALTOR® License ID: 9074205

77-79 Arlington St Framingham, MA 01702

Jim Armstrong

Key Details

Location

Exterior

Building

Others

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77-79 Arlington St