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455-457 Summer St, Arlington, MA 02474
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$1,160,000
2 Unit
6 Beds
2 Baths
2582 SQFT
0.14 Acre

Property Description

Welcome to 455-457 Summer Street in Arlington Heights! This 2 family layout is a rarely seen side-by-side style with two near-mirror-image units. Each home's main entrance is through an opposite-facing large covered porch. Open the front door into a mudroom with a coat closet, enter the living room with a fireplace, go through a separate dining room featuring high flat panel wainscoting and moulding; continue either to the large kitchen or to the second floor living area. The kitchens lead to a rear small balcony with yard access. The second floor features three spacious bedrooms, each with ample closet space. Each home has a third floor attic space that is unfinished and full of potential! Basements are separated, each with its own laundry room area and direct yard access through a hinged door. A 2 car garage and 6 car tandem paved driveway ensures plenty of parking. Tenant at will leases begin September 1st 2024 mean flexibility for an investor or owner occupant.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Fireplaces: 2
  • Amenities: Bike Path, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Partially Finished, Sump Pump
  • Common Rooms: Dining Room, Kitchen, Living Room, Mudroom
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Range, Refrigerator, Washer
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Limited Information, Not Available, Other (See Remarks)
  • Gross Operating Income: 70800
  • Gross Expenses: 6700
  • Water/Sewer: 1400
  • INSC: 1100
  • Repairs & Maintenance: 1200
  • Management Fee: 1800
  • Miscellaneous Expense: 1200
  • Net Operating Income: 64100

Utilities

  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Construction

  • Year Built: 1926
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73230502
  • Last Updated: 08/16/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/16/2024Under Agreement$1,160,000$449MLSPIN
08/06/2024Contingent$1,160,000$449MLSPIN
08/06/2024Active$1,160,000$449MLSPIN
07/30/2024Extended$1,160,000$449MLSPIN
07/16/2024Active$1,160,000$449MLSPIN
07/12/2024Back on Market$1,160,000$449MLSPIN
06/26/2024Under Agreement$1,160,000$449MLSPIN
06/17/2024Active$1,160,000$449MLSPIN
06/13/2024Price Change$1,160,000$449MLSPIN
06/01/2024Active$1,199,999$465MLSPIN
05/28/2024Price Change$1,199,999$465MLSPIN
05/11/2024Active$1,229,000$476MLSPIN
05/07/2024New$1,229,000$476MLSPIN
11/02/2023Expired$1,149,000$511MLSPIN
10/05/2023Active$1,149,000$511MLSPIN
10/01/2023Extended$1,149,000$511MLSPIN
09/17/2023Active$1,149,000$511MLSPIN
09/13/2023Price Change$1,149,000$511MLSPIN
09/10/2023Active$1,049,000$466MLSPIN
09/06/2023New$1,049,000$466MLSPIN

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Seller's Representative: Andrew Stuckey, Penrose Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.25
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-08-16 20:04:00

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