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16-18 Alfred Rd, Arlington MA 02474

$1,199,000

Estimated $2,920/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $599,500

Total Rent: 50400/year

Estimated CAP Rate:

5 Bedrooms

Baths

3582

Total Parking: 4

5,249 (0.12)

Ideally located in sought-after East Arlington, just moments from Spy Pond and close to Mass Ave, the Minuteman Bikeway, and Alewife Station, this thoughtfully improved two-family home offers an exceptional combination of location, quality, and flexibility. The upper unit spans two levels and has been extensively remodeled with exceptional attention to detail, featuring a renovated kitchen and bathroom, premium flooring, in-unit laundry, new appliances, fresh paint, and a finished 3rd floor level with bedroom and office space. The first-floor unit has also been updated, including a renovated kitchen and bathroom, exposed brick accents, and in-unit laundry, creating a comfortable and attractive living space for an owner or tenant. Significant improvements have been made throughout the property, including extensive insulation and soundproofing, building-wide baseboard heating, and a fully owned solar panel system designed to offset a substantial portion of the property's electrical costs. A new roof system with architectural shingles and new gutters adds to the property's long-term appeal, while thoughtfully selected native plantings create a beautifully landscaped, inviting, and low-maintenance outdoor setting. Please see sellers complete list of home improvements. A wonderful opportunity to own an extensively improved two-family home in one of East Arlington's most sought after locations.

This home has been viewed 14 times

Last Checked: October 22nd, 2026 at 7:18am (Source: MLS PIN #73585682)

Gross Income: $50,400

Gross Expenses: $11,704

Net Income Calc: $38,696

Water Views

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

Total Gross Expenses (Calculated)$11,704/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11704

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

Bathrooms2 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 ID73585682

Property TypeMulti Family / 2 Family

Price1199000 ($334.73/SqFt)

Style2 Family - 2 Units Up/down

CityArlington

CountyMiddlesex

MLS AreaEast Arlington

Neighborhood(s)

Approximate Living Area Total3582

Approximate Lot Size (Acres)0.12

Total Parking4

Garage Parking0

Year Built1923

Year Built SourcePublic Records

Year Built DetailsActual

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 16-18 Alfred Rd, Arlington MA 02474

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

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 Taxes11704

Tax Year2026

Assessed Value$1,096,900

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

Elementary SchoolHardy

Middle SchoolGibbs/Ottoson

High SchoolOttoson

Neighborhood(s)

MLS AreaEast Arlington

Area AmenitiesWalk/jog Trails

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

Agent

Name: Steve McKenna & The Home Advantage Team

Office

Name: Gibson Sotheby's International Realty

Phone: 781-648-3500

Team Members

Name: Stephen McKenna

Payment Calculator

, Interest

Property Taxes 975.33

Principal & Interest 7387.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Steve McKenna & The Home Advantage Team

Agent Phone

Office Phone

(781) 648-3500

Text Agent Call Agent Call Office

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    [unparsed] => 16-18 Alfred Rd, Arlington MA 02474
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EXIT

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