202 Massachusetts Ave, Arlington MA 02474
Arlington, MA 02474
$12,000,000
Est. $66,561/month
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About this home
Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49–55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION **the property was offered under listing 73546199
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Property History
Property Timeline
Listed for Sale
Jul 23, 2026
$12,000,000
Original listing
Agent: Carl Christie
Office: Carl Christie
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/23/2026 | 🏠 Listed for Sale | $12,000,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $68,191 | — |
Financial Details
Annual Property Tax
$68,191
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1915
Living Area
40,050 sq ft
Lot Size
0.55 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$68,191
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Property Overview
Listing Type
For Sale
Year Built
1915
Living Area
40,050 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1915
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
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Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Arlington School District local
A+
School Safety
2024-25
0.5%
Low
0.4%
Suspensions
0.2%
In-School
0.1%
Emergency
5.0% below state avg
Elementary Schools
3 schools
Lesley Ellis School
0.2 mi
Grades PK-07
A
Hardy School
0.2 mi
|
#116 of 824
|
Score: 58.2
Improved 6 spots from last year
+-0 above state avg
382 students
Diverse
Grades K-05
A-
Thompson Elementary School
0.4 mi
|
#201 of 824
|
Score: 54.9
Dropped 52 spots from last year
-3.3 below state avg
537 students
Diverse
Grades K-05
Middle Schools
3 schools
A+
Gibbs School
0.4 mi
|
#31 of 352
|
Score: 60.0
Improved 8 spots from last year
+1.8 above state avg
529 students
Diverse
Strong Attendance
Grades 06
A
Rindge Avenue Upper School
1.2 mi
|
#67 of 352
|
Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students
Diverse
Diverse Student Body
Grades 06-08
A+
Belmont Middle School
1.4 mi
|
#15 of 352
|
Score: 62.5
Dropped 13 spots from last year
+4.3 above state avg
742 students
Diverse
Strong Attendance
Grades 07-08
High Schools
3 schools
Arlington Catholic High School
0.8 mi
17 sports
• 1,412 athletes
Strong Athletics
Grades 09-12
Le Sallay Studies
1.1 mi
Grades 06-12
A+
Belmont High School
1.5 mi
|
#10 of 346
|
Score: 75.5
Same rank as last year
+17.3 above state avg
1,454 students
Diverse
21 sports
• 2,714 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$5,683
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
202 Massachusetts Ave, Arlington MA 02474
Arlington, MA 02474
Listing Information
Listing Agent
Carl Christie
Listing Office
Carl Christie
Office Phone
617-942-1137
Agent MLS ID
CN238517
Office MLS ID
AN6071
Listing Data Updated
Jul 27, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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