Opportunity awaits in sought-after Arlington Heights! Ideally located just off Mass Ave within the MBTA Overlay District, this townhouse-style two-family home is brimming with potential. Offering a total of 6 bedrooms and 2 full bathrooms across two spacious units, each residence spans three levels plus a full basement and features hardwood floors, natural gas, eat-in kitchens, living and dining rooms, three bedrooms, and an unfinished third floor with endless possibilities—perfect for a fourth bedroom, a luxurious primary suite, home office, or bonus living space. Situated on a spacious lot with ample off-street parking, a generous backyard, and room to build a garage, this property presents a rare opportunity for investors, owner-occupants, developers, or those considering a condo conversion. Enjoy an unbeatable location just one block from Mass Ave, with easy access to shops, restaurants, public transportation to Alewife, the Minuteman Bike Path, Arlington Reservoir, Arlington Heights, and Arlington Center. Whether you're looking to renovate, invest, or create your dream property, this is an exceptional opportunity in one of Arlington's most convenient neighborhoods.
This home has been viewed 19 times
Last Checked: July 27th, 2026 at 6:28am (Source: MLS PIN #73553393)
Gross Income: $0
Gross Expenses: $10,577
Net Income Calc: $10,577
Water Views
Annual Expenses for 28 Forest St, Arlington MA 02476
Total Gross Expenses (Calculated)$10,577/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10577
Annual Income & Unit Breakdown for 28 Forest St, Arlington MA 02476
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit3
Rent Includes
General Information for 28 Forest St, Arlington MA 02476
Listing ID73553393
Property TypeMulti Family
Price1199500 ($480.57/SqFt)
StyleMulti Family
CityArlington
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2496
Approximate Lot Size (Acres)0.18
Total Parking4
Garage Parking0
Year Built1920
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 Space
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 28 Forest St, Arlington MA 02476
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsElectric Fireplace
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 28 Forest St, Arlington MA 02476
Real Estate Taxes10577
Tax Year2025
Assessed Value$982,100
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 28 Forest St, Arlington MA 02476
Elementary SchoolPierce
Middle SchoolOttoson
High SchoolArlington
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 28 Forest St, Arlington MA 02476