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47 Park Ave Ext, Arlington MA 02474

$1,549,000

Estimated $3,728/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $516,333.33

Total Rent: 87600/year

Estimated CAP Rate:

7 Bedrooms

Baths

3039

Total Parking: 10

9,553 (0.22)

Pristine brick multifamily home located in the desirable Arlington Heights neighborhood, just minutes from Route 2 and convenient to public transportation to Harvard Square. The first and second floor units offer nearly identical layouts featuring three bedrooms, spacious sun-filled kitchens, large formal dining and living rooms, elegant hardwood floors, beautiful original gumwood trim, and fireplaces. The second-floor unit also includes a charming front sunroom. The third floor features a one-bedroom in-law apartment currently rented in conjunction with the second-floor unit. Unit 1 is certified lead-safe, and both units are leased through August 31, 2027, offering strong rental stability for investors. Additional highlights include a large off-street parking area, a private backyard, and a full walkout basement with impressively high 9-foot ceilings offering excellent storage or expansion potential. A rare opportunity!

This home has been viewed 5 times

Last Checked: May 15th, 2026 at 8:48pm (Source: MLS PIN #73519750)

Gross Income: $87,600

Gross Expenses: $14,596

Net Income Calc: $73,004

Annual Expenses for 47 Park Ave Ext, Arlington MA 02474

Total Gross Expenses (Calculated)$14,596/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14596

Annual Income & Unit Breakdown for 47 Park Ave Ext, Arlington MA 02474

Total Gross Income (Calculated)$87,600

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 47 Park Ave Ext, Arlington MA 02474

Listing ID73519750

Property TypeMulti Family / 3 Family

Price1549000 ($509.71/SqFt)

Style3 Family

CityArlington

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3039

Approximate Lot Size (Acres)0.22

Total Parking10

Garage Parking0

Year Built1930

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 47 Park Ave Ext, Arlington MA 02474

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPlease See Agent For List

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 47 Park Ave Ext, Arlington MA 02474

Real Estate Taxes14596

Tax Year2026

Assessed Value$1,368,000

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 47 Park Ave Ext, Arlington MA 02474

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 47 Park Ave Ext, Arlington MA 02474

Agent

Name: Matt Gorman

Office

Name: EDGE Realty Advisors

Phone: 617-477-0601

Team Members

Payment Calculator

, Interest

Property Taxes 1216.33

Principal & Interest 9544.45

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

EDGE Realty Advisors

Matt Gorman

Agent Phone

Office Phone

(617) 477-0601

Text Agent Call Agent Call Office

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    [description] => Pristine brick multifamily home located in the desirable Arlington Heights neighborhood, just minutes from Route 2 and convenient to public transportation to Harvard Square. The first and second floor units offer nearly identical layouts featuring three bedrooms, spacious sun-filled kitchens, large formal dining and living rooms, elegant hardwood floors, beautiful original gumwood trim, and fireplaces. The second-floor unit also includes a charming front sunroom. The third floor features a one-bedroom in-law apartment currently rented in conjunction with the second-floor unit. Unit 1 is certified lead-safe, and both units are leased through August 31, 2027, offering strong rental stability for investors. Additional highlights include a large off-street parking area, a private backyard, and a full walkout basement with impressively high 9-foot ceilings offering excellent storage or expansion potential. A rare opportunity!
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    [unparsed] => 47 Park Ave Ext, Arlington MA 02474
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EXIT

38 More Photos

Active

47 Park Ave Ext, Arlington MA 02474

$1,549,000

Annual Expenses for 47 Park Ave Ext, Arlington MA 02474

Annual Income & Unit Breakdown for 47 Park Ave Ext, Arlington MA 02474

General Information for 47 Park Ave Ext, Arlington MA 02474

Disclosures for 47 Park Ave Ext, Arlington MA 02474

Financial Information for 47 Park Ave Ext, Arlington MA 02474

Location Information for 47 Park Ave Ext, Arlington MA 02474

Contact Information for 47 Park Ave Ext, Arlington MA 02474

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

EDGE Realty Advisors

Matt Gorman