$1,340,000
$1,199,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
3-5 Lafayette Street Arlington, MA 02474
7 Beds
2 Baths
2,980 SqFt
Key Details
Sold Price $1,340,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,980 sqft
Price per Sqft $449
MLS Listing ID 73425483
Sold Date 10/10/25
Bedrooms 7
Full Baths 2
Year Built 1925
Annual Tax Amount $11,587
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi Family
Property Description
Investor Alert! Just steps from the bike path in East Arlington's highly coveted commuter neighborhood lies a rare opportunity waiting to be reimagined. After many years in the same family, this classic multi-family is ready for renovation, although your vision & hard work will truly pay off! The stucco exterior adds timeless character, & with southeast exposure bringing in morning light & back porches made for sunset views, the potential here is undeniable. Possibilities galore ~ convert to a single family, consider a condo conversion, live in one unit & collect rent on the other? You'll love the garage + non-tandem parking & the existing third-floor walk-up with three additional bedrooms. This is the ultimate chance to invest in one of Arlington's hottest neighborhoods, the perfect combination of lifestyle & location! Just a 7-minute stroll to Alewife T, the 77 bus line, Thorndike Park/Magnolia Field, Hardy School, + all the East End's eclectic shops, restaurants, and theaters!
Location
State MA
County Middlesex
Area East Arlington
Zoning R2
Direction Mass Ave to Lafayette
Rooms
Basement Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Interior
Interior Features Pantry, Storage, Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Heated Attic, Crown Molding, Living Room, Dining Room, Kitchen
Heating Hot Water, Steam, Oil
Cooling None
Flooring Laminate, Hardwood
Appliance Range, Refrigerator, Washer
Laundry Washer Hookup
Exterior
Exterior Feature Balcony/Deck, Garden
Garage Spaces 2.0
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Public School, T-Station
Utilities Available for Gas Range, Washer Hookup
Roof Type Shingle
Total Parking Spaces 6
Garage Yes
Building
Story 3
Foundation Block, Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Hardy
Middle Schools Ottoman
High Schools Ahs
Others
Senior Community false
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Bought with Rachel Carter • Coldwell Banker Realty - Wellesley
