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Home Massachusetts Lexington Multi-Family Homes for Sale

991-993 Massachusetts Ave Lexington, MA 02420
NEW
17
991-993 Massachusetts Ave, Lexington, MA 02420
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$1,249,000
2 Unit
4 Beds
2 Baths
1620 SQFT
0.19 Acre

Property Description

Two-family opportunities in Lexington? Rare. Of the 85 that exist, only 12 have traded since 2020. Most stay in families for decades — and for good reason. The equity story here is real. You hold, you win. So when one comes up, you need to understand the value and be ready to move. 991–993 Mass Ave hasn’t changed hands since 1994. Built in 1940, this duplex has been thoughtfully updated with clean white kitchens, quartz and granite counters, and layouts that make sense. Each unit offers two bedrooms and one full bath, plus solid basement storage. Outside, you’ve got a usable yard, small patio, and a deck off the kitchen — simple, functional, and appealing to tenants. The location checks out: on the bus line, close to Wilson Farm and Route 2. And yes, it cash flows — both sides currently at $3,400. This is the kind of property investors wait for.
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Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Basement Features: Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room

Financial

  • APOD Available: No
  • Gross Operating Income: 81600
  • Net Operating Income: 81600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1940
  • Type: 2 Family - 2 Units Side by Side
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73505592
  • Last Updated: 04/22/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/22/2026New$1,249,000$771MLSPIN

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Map

Seller's Representative: Beth Sager Group, Keller Williams Realty Boston Northwest
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
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 2026-04-22 15:03:00

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