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361 Massachusetts Ave

Arlington, MA 02474
  • $1,850,000
  • STATUS: Active
  • MLS #: 72981649
UPDATED: 66 min ago
$1,850,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,895
    SQFT
  • $475
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1900
County:

School Ratings & Info

Listing courtesy of David Lilley of Re/Max Destiny.

Description

Rare Opportunity to own a lovely, East Arlington Victorian mixed use property right on Massachusetts Ave. Situated on a sunlit corner lot nestled between bustling Arlington Center and convenient East Arlington, this turnkey gem comes fully tenanted with 10 offices and 1 residential rental unit. Plenty of room for tenants and customers in the large parking lot in back. Meticulously maintained, professional building with secure entry system, gracious hallways and staircases, and multiple restrooms. Top floor rental is a large 1 bedroom with hardwood floors, alcoves, and antique windows. Ample room for storage in full sized basement. Easily accessed via public transportation and Rt 2. Downtown Boston and Cambridge are close by. Options abound here for buyers: combine the offices and run your business from here, live upstairs, or just keep it as is as a ready-made income producing property.

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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. Data last updated 2022-06-27T08:09:46.927.
www.coastalnewenglandproperties.com/homes/128697225
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361 Massachusetts Ave Arlington, MA 02474

  • Price: $1,850,000
  • Status: Active
  • On Site: Days
  • Updated: 66 min ago
  • MLS #: 72981649
0
Beds
0
Baths
0
½ Baths
0.24
Acres
3,895
SQFT
$475
$/SQFT
1900
Built
Neighborhood:
East Arlington
County:
Middlesex
Area:
East Arlington
Property Description
Rare Opportunity to own a lovely, East Arlington Victorian mixed use property right on Massachusetts Ave. Situated on a sunlit corner lot nestled between bustling Arlington Center and convenient East Arlington, this turnkey gem comes fully tenanted with 10 offices and 1 residential rental unit. Plenty of room for tenants and customers in the large parking lot in back. Meticulously maintained, professional building with secure entry system, gracious hallways and staircases, and multiple restrooms. Top floor rental is a large 1 bedroom with hardwood floors, alcoves, and antique windows. Ample room for storage in full sized basement. Easily accessed via public transportation and Rt 2. Downtown Boston and Cambridge are close by. Options abound here for buyers: combine the offices and run your business from here, live upstairs, or just keep it as is as a ready-made income producing property.
Exterior Features

Construction Frame Location Suburban Parking Features 1-10 Spaces Parking Spaces 10 Roof Material Asphalt/Composition Shingles Stories 3

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 900.00 Total Building Sq Ft 3895.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 328500.00 Assessed Value Land 894200.00 Assessed Value Total 1222700.00 Commercial Industrial Type Office Condo Association No Disclosure No Disclosures Please Click The Paperclip For income And Expenses Sheet Exchange No Gross Annual Expense 35525.00 Gross Annual Income 109500.00 Lease Yes Lender Owned No Mau Units 1 Net Operating Income 73975.00 Ofu Units 10 On File21 E No Reu Units 0 Rsu Units 1 Short Sale Lender App Required No Space Available For Sale/Lease Sublet No Tax Year 2022 Taxes 13963.00 Total Units 11 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Non-Conforming Zoning B1

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of David Lilley of Re/Max Destiny.


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. Data last updated 2022-06-27T08:09:46.927.
 
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45 Court Street
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Listing courtesy of David Lilley of Re/Max Destiny.