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166-168 Summer Street, Arlington MA 02474

Withdrawn

166-168 Summer Street, Arlington MA 02474

$1,199,000

Estimated $2,771/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $599,500

Total Rent: 27240/year

Estimated CAP Rate:

3 Bedrooms

Baths

1850

Total Parking: 4

12,371 (0.28)

Location Location, Wonderful Multi-family home that is in the heart of Arlington. The property sits on a good lot size with plenty of opportunity for potential development/ Gut Renovation or even an owner occupied/ investment. This well cared for two-family home offers gleaming hardwood floors, well sized cabinets and the entire 2nd floor unit has been completely renovated (2020). the 1st floor unit kitchen and bathroom has been renovated. The two levels are mirror images except that the upper unit has two bedrooms and a full bath while the lower level is a one bed/ full bath. The unit has two entrances, one from the street front and one from the back of each unit. Both apartments have spacious L-shaped decks. The back of the lot touches the Minuteman Bike Path. Come enjoy all that Arlington has to offer, with the Historical Center just a stone's throw away. Very convenient to bus stops and Route 2 / Route 3 is just an approximate 5 minute drive away.

This home has been viewed 170 times

Last Checked: May 15th, 2024 at 4:18am (Source: MLS PIN #73155490)

Gross Income: $27,240

Gross Expenses: $9,917

Net Income Calc: $17,323

Water Views

Annual Expenses for 166-168 Summer Street, Arlington MA 02474

Total Gross Expenses (Calculated)$9,917/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9917

Annual Income & Unit Breakdown for 166-168 Summer Street, Arlington MA 02474

Total Gross Income (Calculated)$27,240

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 166-168 Summer Street, Arlington MA 02474

Listing ID73155490

Property TypeMulti Family / 2 Family

Price1199000 ($648.11/SqFt)

Style2 Family - 2 Units Up/down

CityArlington

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total1850

Approximate Lot Size (Acres)0.28

Total Parking4

Garage Parking0

Year Built1915

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 166-168 Summer Street, Arlington MA 02474

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 166-168 Summer Street, Arlington MA 02474

Real Estate Taxes9917

Tax Year2023

Assessed Value$884,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 166-168 Summer Street, Arlington MA 02474

Elementary SchoolStratton

Middle SchoolOttoson

High SchoolArlington High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 166-168 Summer Street, Arlington MA 02474

Agent

Name: Tenzin Tsarong

Office

Name: Coldwell Banker Realty - Newton

Phone: 617-969-2447

Payment Calculator

, Interest

Property Taxes 826.42

Principal & Interest 7387.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Tenzin Tsarong

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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    [unparsed] => 166-168 Summer Street, Arlington MA 02474
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EXIT

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