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991 Massachusetts Ave, Lexington MA 02420

Canceled

991 Massachusetts Ave, Lexington MA 02420

$1,400,000

Estimated $3,258/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $700,000

Total Rent: 77640/year

Estimated CAP Rate:

4 Bedrooms

Baths

1620

Total Parking: 4

8,070 (0.19)

Location, location, location! Rare opportunity to own 2-family in Lexington. Each unit features 2 BDS, 1 full BA, living room, dining room, & kitchen w/ stainless steel appliances, hardwood floors, gas heat, gas range, 2 parking spaces. LL has laundry area & storage, adding everyday functionality. Easy access to Minuteman Commuter Bikeway, located only a couple of houses away - perfect enjoying the outdoors. Also nearby is Joyce Miller’s Meadow & Tower Park for additional green space & recreation. Located .4 miles from Wilson Farm, a local favorite offering fresh produce, baked goods, prepared foods, & seasonal specialties. The property is also only .2 miles to an MBTA bus stop. Quick access to Route 2 & Route 128 for easy commuting. Close to Lexington & Arlington Centers w/ shopping, dining, & entertainment. Great opportunity for investors, owner-occupants, or multi-generational living in a location that offers convenience & access to local amenities.

This home has been viewed 6 times

Last Checked: April 21st, 2026 at 4:29am (Source: MLS PIN #73488567)

Gross Income: $77,640

Gross Expenses: $11,854

Net Income Calc: $65,786

Water Views

Annual Expenses for 991 Massachusetts Ave, Lexington MA 02420

Total Gross Expenses (Calculated)$11,854/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11854

Annual Income & Unit Breakdown for 991 Massachusetts Ave, Lexington MA 02420

Total Gross Income (Calculated)$77,640

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

General Information for 991 Massachusetts Ave, Lexington MA 02420

Listing ID73488567

Property TypeMulti Family / 2 Family

Price1400000 ($864.2/SqFt)

Style2 Family - 2 Units Side By Side

CityLexington

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total1620

Approximate Lot Size (Acres)0.19

Total Parking4

Garage Parking0

Year Built1940

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRT

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 991 Massachusetts Ave, Lexington MA 02420

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 991 Massachusetts Ave, Lexington MA 02420

Real Estate Taxes11854

Tax Year2026

Assessed Value$963,000

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 991 Massachusetts Ave, Lexington MA 02420

Elementary SchoolConfirm W/ Town

Middle SchoolConfirm W/ Town

High SchoolLexington

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 991 Massachusetts Ave, Lexington MA 02420

Agent

Name: Peter Rooney

Office

Name: Compass

Phone: 781-386-0624

Team Members

Payment Calculator

, Interest

Property Taxes 987.83

Principal & Interest 8626.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Peter Rooney

Agent Phone

Office Phone

(781) 386-0624

Text Agent Call Agent Call Office

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EXIT

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