Fixer Upper
Address
13-15 Fairmont St., Arlington, MA
Price
$ 1,075,500
Property Attributes
  • MLS#73231049
  • TypeContingent
  • CountyMIDDLESEX
  • CityArlington
  • Zip02474
  • Style3 Family - 3 Units Up/Down
  • Year Built1902
  • Taxes$ 10702
  • Price$ 1,075,500
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2621
  • Lot Size3,920 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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.

Price History
5/1/2024 Listed $1,075,500

General Features

Interior Features Ceiling Fan(s),Bathroom With Tub & Shower,Pantry,Living Room,Dining Room,Kitchen,Sunroom
Sewer Public Sewer
Heating Hot Water,Steam,Natural Gas,Baseboard
Utilities for Gas Range,for Gas Oven,for Electric Dryer,Washer Hookup
Roof Shingle
Appliances Range,Dishwasher,Refrigerator,Range Hood
Zoning 105
Patio/Porch Features Enclosed,Screened
Construction Materials Frame
Year Built 1902
Electric Circuit Breakers,60 Amps/Less,Individually Metered
Property SubType 3 Family - 3 Units Up/Down
Tax Year 2024
Gross Income 20400
Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Bike Path,Highway Access,Public School,T-Station,University,Sidewalks
County Middlesex
Net Operating Income 20400
Property Type Residential Income
Contingency Pending P&S
Garage Y/N No
Other Structures Shed(s)
Rent Includes Unit 1(None),Unit 2(Other (See Remarks)),Unit 3(Hot Water)
Total Rooms 14
Status Contingent
Directions From Mass. Ave. Cambridge pass Rte. 16 Intersection into Arlington. Fairmont St. is 3 blocks on left
City Arlington
Disclosures Property to be sold As Is . No warranties,guarantees or representations,expressed or implied. Buyers & Buyer Agents to do own due diligence.
Senior Community Y/N No
Total Units 3
Lot Size Square Feet 3999
Waterfront Y/N No
Street Name Fairmont St.
Year Built Details Approximate
Tax Annual Amount 10702.8
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 997200
Total Actual Rent 3550
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Bulkhead,Sump Pump,Concrete,Unfinished
Flooring Carpet,Varies,Tile,Wood
Total Stories 6
Heating Y/N Yes
Window Features Insulated Windows,Storm Window(s)
Fireplace Y/N No
Full Baths 3
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 6
Total Baths 3

Exterior Features

Fencing Fenced/Enclosed,Fenced
Parking Features Paved Drive,Off Street,Leased,Paved
Lot Features Level
Water Source Public
Total Parking 1
Lot Size Area 0.09
Foundation Details Stone,Brick/Mortar
Spa No
Building Area Total 2621
Lot Size Acres 0.09
Road Surface Type Paved
Frontage Length 40.00
Lot Size Units Acres
Foundation Area 1000
Road Frontage Type Public
Other Equipment Satellite Dish
Road Responsibility Public Maintained Road
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 02474

Price
AVG $1.12M
$1.08M
Taxes
AVG $9,979
$10,702
Visits
AVG 94
73
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1902

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