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Home Massachusetts Arlington Multi-Family Homes for Sale

13-15 Fairmont St. Arlington, MA 02474
Not Available - Off Market
23
This Property is No Longer Available
13-15 Fairmont St., Arlington, MA 02474
View Map
$1,075,500
3 Unit
6 Beds
3 Baths
2621 SQFT
0.09 Acre

Property Description

Opportunity to own a 3-Family in East Arlington LOCATION. Excellent potential to remodel for New Owner Move-in with Rental Income or for Investment. First floor Apt. is presently the Owner's unit. Needs TLC/upgrades to realize Rental Market Value. 2nd. floor unit is occupied as Tenant-at-Will at $1,700.per month w/hot water incl.& 1-car driveway parking. 3rd. floor Apt. also occupied Tenant-at-Will at $1,850.per month, includes Hot Water & 1-car off-street parking which is a rented parking space on Mass .Ave. Present Owner pays $150.00 per month for the space. A new Owner will have option to rent this space if wanted .Asphalt Roof installed 4/1998. - 2 Gas Burnham Boilers Heat systems installed 9/2014. 3rd. floor Gas Rinnai Heater installed in 2009. 2-Rheem 40 Gal. Gas Hot Water Heaters installed 9/2018. Tenants share Laundry W/D in basement (not coin-operated, Kenmore Elite Models-included in sale).Near Public Transport to Alewife Redline T, Bike Path & Local shopping.
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Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Full, Sump Pump, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Pantry, Tile Floor
  • Common Appliances: Dishwasher, Range, Refrigerator, Vent Hood, Washer Hookup
  • Common Heating: Active Solar, Central Heat, Electric Baseboard, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators, Hot Water Radiators, Steam

Financial

  • APOD Available: No
  • Gross Operating Income: 20400
  • Net Operating Income: 20400

Utilities

  • Heat Zones: 3
  • Electric Info: 60 Amps/Less, Circuit Breakers, Individually Metered, None, Underground
  • Energy Features: Insulated Windows, Storm Windows
  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Other (See Remarks)
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Hot Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1902
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73231049
  • Last Updated: 05/18/24
  • Terms: Lender Approval Required

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/17/2024Under Agreement$1,075,500$410MLSPIN
05/06/2024Contingent$1,075,500$410MLSPIN
05/05/2024Active$1,075,500$410MLSPIN
05/01/2024New$1,075,500$410MLSPIN

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Map

Seller's Representative: Anthony Zafferano, Norwich Realty Associates
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-05-18 03:30:00

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