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31-33 Acton StreetArlington, MA 02476Price: $1,500,000

  • Price: $1,500,000
  • Est. Mortgage of $/month
  • 40 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.2% last updated on Sep 12, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,500,000List Price
  • 5Bedrooms
  • 5Bathrooms
  • 3,859Square Feet
  • 0.29Acreage

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Located in the heart of Arlington Heights, this charming five-family home offers a rare investment opportunity. Consisting of five one-bedroom units, each occupied by long-standing tenants, this property boasts strong and stable rental income. Grandfathered as a legal five-family home, it provides unique investment security. Meticulously maintained and owned by the same dedicated owner for over 60 years, this residence has stood the test of time. Its prime location, coupled with the reliability of long-term tenants, makes this property an exceptional addition to any investor’s portfolio. Recent upgrades include newer heating systems, hot water tanks, and updated electrical systems, with rents covering both heat and hot water. All tenants are eager to stay, ensuring continued stability and income potential for the future owner. Seller is willing to provide Buyer with financial incentives in the form of closing cost credits or other compensation.

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Listed by Steve McKenna & The Home Advantage Team, Steve McKenna and Michael Pallotta of Gibson Sotheby's International Realty

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