Well-maintained two-family in a prime Arlington location along Mystic Valley Parkway. This property offers strong investment or owner-occupant potential with classic layouts and great natural light in both units. Major updates include a new roof and newer heating systems, providing peace of mind for any new owner. Enjoy beautiful Mystic River views and direct access to scenic public paths. Conveniently located near Arlington Center with easy access to Medford, Cambridge, Somerville, and Boston. Off-street parking and a detached garage add to the appeal. A rare opportunity to own a turnkey multifamily in a highly desirable setting with strong long-term upside. Don't miss this one!
This home has been viewed 5 times
Last Checked: May 6th, 2026 at 7:08am (Source: MLS PIN #73505643)
Gross Income: $29,940
Gross Expenses: $10,982
Net Income Calc: $18,958
Water Views
Annual Expenses for 142-144 Mystic Valley Parkway, Arlington MA 02474
Total Gross Expenses (Calculated)$10,982/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10982
Annual Income & Unit Breakdown for 142-144 Mystic Valley Parkway, Arlington MA 02474
Total Gross Income (Calculated)$29,940
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 142-144 Mystic Valley Parkway, Arlington MA 02474
Listing ID73505643
Property TypeMulti Family / 2 Family
Price1199990 ($528.63/SqFt)
Style2 Family - 2 Units Up/down
CityArlington
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2270
Approximate Lot Size (Acres)0.14
Total Parking12 (2 Garage)
Garage Parking2
Year Built1927
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water ViewsYes
Water Views FeaturesBay
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 142-144 Mystic Valley Parkway, Arlington MA 02474
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTenants Washer And Dryer In The Basement.
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 142-144 Mystic Valley Parkway, Arlington MA 02474
Real Estate Taxes10982
Tax Year2025
Assessed Value$1,019,700
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 142-144 Mystic Valley Parkway, Arlington MA 02474
Elementary SchoolThompson
Middle SchoolOttoson
High SchoolAhs
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 142-144 Mystic Valley Parkway, Arlington MA 02474