Located in the heart of Arlington Heights, this charming five-family home offers a rare investment opportunity. Consisting of five one-bedroom units and a history of long-standing tenants, this property boasts strong and stable rental income. Grandfathered as a legal five-family home, it provides unique investment security. Meticulously maintained and owned by the same dedicated owner for over 60 years, this residence has stood the test of time. Its prime location, coupled with the reliability of long-term tenants, makes this property an exceptional addition to any investor’s portfolio. Recent upgrades include newer heating systems, hot water tanks, and updated electrical systems, with rents covering both heat and hot water. All tenants are eager to stay, ensuring continued stability and income potential for the future owner. Seller welcomes offers with requests for buyer concessions.
This property sold for 6.0% below the original asking price.
With only 18 days on market, this was a quick sale compared to typical market conditions.
31-33 Acton St, Arlington MA 02476
Arlington, MA 02476
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/30/2025 | ✓ Sold | $1,410,000 | - | - | Property sold |
| 03/20/2025 | 🏠 Listed for Sale | $1,500,000 | - | - | Original listing |
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