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Home Massachusetts Arlington Multi-Family Homes for Sale

455-457 Summer St Arlington, MA 02474

$1,229,000
2 Unit
6 Beds
2 Baths
2582 SQFT
0.14 Acre
455-457 Summer St
Arlington, MA 02474

Property Description

Welcome to 455-457 Summer Street in Arlington Heights! This 2 family layout is a rarely seen side-by-side style with two near-mirror-image units. Each home's main entrance is through an opposite-facing large covered porch. Open the front door into a mudroom with a coat closet, enter the living room with a fireplace, go through a separate dining room featuring high flat panel wainscoting and moulding; continue either to the large kitchen or to the second floor living area. The kitchens lead to a rear small balcony with yard access. The second floor features three spacious bedrooms, each with ample closet space. Each home has a third floor attic space that is unfinished and full of potential! Basements are separated, each with its own laundry room area and direct yard access through a hinged door. A 2 car garage and 6 car tandem paved driveway ensures plenty of parking. The property is leased until 8/31/2024 for $5,900 / month. A great opportunity for owner occupants or investors alike!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Fireplaces: 2
  • Amenities: Bike Path, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Partially Finished, Sump Pump
  • Common Rooms: Dining Room, Kitchen, Living Room, Mudroom
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Range, Refrigerator, Washer
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Limited Information, Not Available, Other (See Remarks)
  • Gross Operating Income: 70800
  • Gross Expenses: 6700
  • Water/Sewer: 1400
  • INSC: 1100
  • Repairs & Maintenance: 1200
  • Management Fee: 1800
  • Miscellaneous Expense: 1200
  • Net Operating Income: 64100

Utilities

  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Construction

  • Year Built: 1926
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73230502
  • Last Updated: 05/15/24

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View Breakdown

Seller's Representative: Andrew Stuckey, Penrose Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.25
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-05-15 11:16:00

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