Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

31-33 Acton St

Arlington, MA ID #73273747

Property Description

Located in the heart of Arlington Heights, this charming five-family home offers a rare investment opportunity. Consisting of five one-bedroom units, each occupied by long-standing tenants, this property boasts strong and stable rental income. Grandfathered as a legal five-family home, it provides unique investment security. Meticulously maintained and owned by the same dedicated owner for over 60 years, this residence has stood the test of time. Its prime location, coupled with the reliability of long-term tenants, makes this property an exceptional addition to any investor’s portfolio. Recent upgrades include newer heating systems, hot water tanks, and updated electrical systems, with rents covering both heat and hot water. All tenants are eager to stay, ensuring continued stability and income potential for the future owner. Seller is willing to provide Buyer with financial incentives in the form of closing cost credits or other compensation.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 02476
  • Taxes: 13,152
  • Living Levels: 9
  • Acres: 0.29

Parking

  • Parking: Paved Drive, Off Street, Paved
  • Parking Spaces: 5

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 9
  • Total Rooms: 20

Location

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31-33 Acton St, Arlington, MA

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Steve McKenna & The Home Advantage Team of Gibson Sotheby's International Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.