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16-18 Alfred Rd, Arlington MA 02474

$1,695,000

Estimated $3,719/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $847,500

Total Rent: 50400/year

Estimated CAP Rate:

5 Bedrooms

Baths

3582

Total Parking: 2

5,249 (0.12)

A rare opportunity to own a two family home in East Arlington, one of the area's most desirable neighborhoods. The upper unit spans two levels and has been extensively remodeled with exceptional attention to detail, featuring numerous high-end upgrades, enhanced soundproofing and in-unit laundry. The scope of improvements is too extensive to capture in a listing; comprehensive upgrade sheets will be available for review. The first floor unit has also been refreshed and offers exposed brick accents, an updated bathroom and in-unit laundry, creating a comfortable and attractive living space for owners or tenants alike. Throughout the home, significant investments have been made in energy efficiency and comfort, including full insulation and soundproofing. Owned solar panels help offset electric costs, while a new roof system with architectural shingles and new gutters provide peace of mind for years to come. Outside, the property is beautifully landscaped with thoughtfully selected native plantings, creating an inviting and low-maintenance outdoor setting. Ideally located near Mass Ave, the Minuteman Bike Path, Alewife Station, and Spy Pond, this property offers the perfect combination of quality, efficiency, and convenience.

This home has been viewed 7 times

Last Checked: July 27th, 2026 at 7:44pm (Source: MLS PIN #73554528)

Gross Income: $50,400

Gross Expenses: $11,647

Net Income Calc: $38,753

Water Views

Annual Expenses for 16-18 Alfred Rd, Arlington MA 02474

Total Gross Expenses (Calculated)$11,647/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11647

Annual Income & Unit Breakdown for 16-18 Alfred Rd, Arlington MA 02474

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 16-18 Alfred Rd, Arlington MA 02474

Listing ID73554528

Property TypeMulti Family

Price1695000 ($473.2/SqFt)

StyleMulti Family

CityArlington

CountyMiddlesex

MLS AreaEast Arlington

Neighborhood(s)

Approximate Living Area Total3582

Approximate Lot Size (Acres)0.12

Total Parking2

Garage Parking0

Year Built1923

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsYes

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 16-18 Alfred Rd, Arlington MA 02474

Lead PaintNone

UFFI

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 16-18 Alfred Rd, Arlington MA 02474

Real Estate Taxes11647

Tax Year2025

Assessed Value$1,081,400

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 16-18 Alfred Rd, Arlington MA 02474

Neighborhood(s)

MLS AreaEast Arlington

Area Amenities

Contact Information for 16-18 Alfred Rd, Arlington MA 02474

Agent

Name: Catherine Walsh

Office

Name: Coldwell Banker Realty - Easton

Phone: 508-230-2544

Payment Calculator

, Interest

Property Taxes 970.58

Principal & Interest 10444.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Easton

Catherine Walsh

Agent Phone

Office Phone

(508) 230-2544

Text Agent Call Agent Call Office

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EXIT

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