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You are here:
Home Massachusetts Arlington Multi-Family Homes for Sale

376-378 Massachusetts Avenue Arlington, MA 02474

$2,495,000
3 Unit
5 Beds
6 Baths
7586 SQFT
0.15 Acre
376-378 Massachusetts Avenue
Arlington, MA 02474

Property Description

Discover the perfect investment opportunity with this exceptional Victorian-style mixed-use building in the heart of Arlington Center. Meticulously maintained, this property is ideal for an end user, investor, or developer, offering a blend of timeless charm and modern updates. It features three spacious and recently renovated residential units with open floor plans, updated kitchens, and modern bathrooms, making them ideal for rental income or condo conversion. Additionally, a private 2-room office suite with a separate entrance and private bath is perfect for professionals or small business use. The grand first-floor entryway welcomes you into a beautifully updated 2-bedroom apartment with over five rooms, while the lower level offers untapped potential for expansion or additional functionality. At the rear of the property, a parking area and oversized barn provide ample storage and exciting renovation opportunities. Seller may offer some form of concessions or compensation.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Total Half Baths: 3
  • Total Fireplaces: 1
  • Amenities: Bike Path, Laundromat, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails
  • Basement Features: Full, Partially Finished, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Washer / Dryer Combo, Washer Hookup
  • Common Heating: Ductless Mini-Split System, Electric, Electric Baseboard, Forced Air, Oil, Radiant, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 118200
  • Net Operating Income: 118200

Utilities

  • Heat Zones: 3
  • Cooling Zones: 3
  • Electric Info: 200 Amps, Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors, Storm Windows
  • Utility Connections: for Electric Oven, for Electric Range, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

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

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73314491
  • Last Updated: 11/22/24
  • Terms: Other (See Remarks), Special

Mortgage Calculator

View Breakdown

Map & Resources

Arlington Catholic HS

Private School, Grades: 9-12

0.24mi

Gibbs School

Public Middle School, Grades: 6

0.25mi

Arlington Catholic High School

Private School, Grades: 9-12

0.25mi

St. Agnes Elementary School

Private School, Grades: K-8

0.26mi

Arlington Industrial Arts Junior High School

Grades: 7-9

0.37mi

Alton Street Dance

Dancing School

0.09mi

Caffè Nero

Coffee Shop

0.19mi

Starbucks

Coffee Shop

0.2mi

Bubble Nation

Bubble Tea (Cafe)

0.21mi

Gail Ann Coffee Shop

Cafe

0.22mi

Kickstand Cafe

Coffee Shop

0.24mi

Breadboard Bakery

Bakery (Cafe)

0.27mi

Dunkin'

Donut & Coffee Shop

0.06mi

Domino's

Pizzeria

0.37mi

Arlington Animal Clinic

Veterinary

0.31mi

VCA City Cats Hospital

Veterinary

0.37mi

Arlington Fire Department

Fire Station

0.1mi

Arlington Police Department

Local Police

0.48mi

Arlington Friends of the Drama

Theatre

0.42mi

Cyrus Dallin Art Museum

Museum

0.29mi

Regent Theatre

Cinema

0.21mi

Spy Pond Tennis Courts

Sports Centre. Sports: Tennis

0.17mi

Brizuela Fitness

Fitness Centre. Sports: Fitness

0.16mi

Body & Brain Yoga Tai Chi

Fitness Centre. Sports: Yoga

0.19mi

Sweat Fixx

Fitness Centre

0.21mi

LIVFIT

Fitness Centre

0.24mi

Black Crow Yoga

Fitness Centre. Sports: Yoga

0.28mi

Rocco Venneri Fitness

Fitness Centre

0.36mi

Cooke's Hollow

Municipal Park

0.46mi

Minuteman Bikeway

Park

0.05mi

Spy Pond Park

Park

0.06mi

Spy Pond Field

Municipal Park

0.1mi

Arlington Center Memorial

Municipal Park

0.13mi

Whittemore Park

Park

0.27mi

Arlington Town Hall Park

Municipal Park

0.34mi

Orvis Road Historic District

Park

0.45mi

Whittemore-Robbins Playground

Playground

0.35mi

Upholstery on Broadway

Upholstery

0.26mi

Eco Massage

Massage

0.07mi

Helen Nails

Nails

0.09mi

Jacqui's Salon

Hairdresser

0.12mi

Chill Salon

Hairdresser

0.2mi

Grace Nails & Spa

Nails

0.23mi

Allure Hair Studio

Hairdresser

0.25mi

Arlington Hair Salon

Hairdresser

0.26mi

7 Star Grocery

Convenience

0.22mi

Fenway Market

Convenience

0.27mi

Symmes Mini-Mart

Convenience

0.39mi

Arlington Convenience

Convenience

0.42mi

Massachusetts Ave @ Wyman Terr

350
77

0.07mi

Massachusetts Ave @ Avon Pl

350
77

0.08mi

Massachusetts Ave @ Wyman St

350
77

0.08mi

Massachusetts Ave @ Franklin St

350
77

0.09mi

Broadway @ Franklin St

87

0.13mi

Broadway @ Massachusetts Ave

87

0.16mi

Massachusetts Ave @ Broadway

350
77

0.17mi

Broadway @ Allen St

87

0.21mi

Seller's Representative: Steve McKenna & The Home Advantage Team, Gibson Sotheby's International Realty
MLS ID#: 73314491

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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 2024-11-22 03:05:00