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Image 1 - 31-33 Acton St, Arlington, Massachusetts, 02476 - House for sale
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- Acton St, Arlington, Home For Sale
31-33 Acton St, Arlington, Massachusetts, 02476

- Acton St, Arlington, Home For Sale

house for sale
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Listed: 08/09/24

31-33 Acton St, Arlington, Massachusetts, 02476

5 Bed:
5 Bath:
3,859 Sq Ft Living Area:
Save
Price
$ 1,5M

About This House

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 investors 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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Arlington Heights Housing & Living

Household Income

Median household income: $103,594
Number of households: 18,632
The average household income in Arlington, MA grew from $98,103 to $103,594 in the past year. This data is an estimate based upon 18,632 households in Arlington, MA.
The chart below presents how household income is distributed in Arlington, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Arlington, MA compared to median property taxes around the country. The prevalent amount of property taxes in Arlington, MA equals $3k+ , which is more than the national average.