Discover the timeless charm of the Henry Swan House, a beautifully preserved historical gem built in 1886, ideally situated in the heart of Arlington Center. This distinctive property features five units: four commercial spaces on the ground floor, perfect for a variety of businesses, and a spacious residential unit that offers a unique living experience. The architecture reflects the elegance of the late 19th century, showcasing intricate detailing and classic craftsmanship. The commercial units provide excellent visibility and accessibility, making them perfect for retail or office use, while the residential unit boasts high ceilings, original hardwood floors, and abundant natural light, creating a warm and inviting atmosphere. With its prime location, the Henry Swan House is close to local shops, restaurants, and public transportation, providing a vibrant community feel. This is a rare opportunity to own a piece of Arlington’s history while enjoying the benefits of urban living.
This home has been viewed 75 times
Last Checked: January 8th, 2025 at 5:19am (Source: MLS PIN #73311668)
Gross Income: $157,200
Gross Expenses: $19,144
Net Income Calc: $138,056
CAP Rate: 4.93%
Annual Expenses for 418 Massachusetts Avenue, Arlington MA 02474
Total Gross Expenses (Calculated)$19,144/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$19,144.60
Annual Income & Unit Breakdown for 418 Massachusetts Avenue, Arlington MA 02474
Total Gross Income (Calculated)$157,200
Unit 1
Rental Income$5,250
LeaseY
Bedrooms5
Bathrooms3 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$6,000
LeaseN
Bedrooms0
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$950
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$900
LeaseY
Bedrooms
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 418 Massachusetts Avenue, Arlington MA 02474
Listing ID73311668
Property TypeMulti Family / 4 Family
Price$2,799,000 ($574.98/SqFt)
Style4 Family
CityArlington
CountyMiddlesex
MLS AreaEast Arlington
Neighborhood(s)
Approximate Living Area Total4,868 SqFt
Approximate Lot Size (Acres)0.23 acres
Total Parking13 (3 Garage)
Garage Parking3 / Detached
Year Built1884
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningB1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 418 Massachusetts Avenue, Arlington MA 02474
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure4 Commercial & 1 Residential Unit
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$162,000
Total Net Income By Broker$162,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnCompensation Offered But Not In Mls
Financial Information for 418 Massachusetts Avenue, Arlington MA 02474
Real Estate Taxes$19,144.60
Tax Year2024
Assessed Value$1,807,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$162,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$162,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.93%
Location Information for 418 Massachusetts Avenue, Arlington MA 02474
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaEast Arlington
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Private School, University
Contact Information for 418 Massachusetts Avenue, Arlington MA 02474
Agent
Name: Ryan Clunan
Office
Name: Campion & Company Fine Homes Real Estate