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47 Park Ave Ext, Arlington MA 02474

Arlington, MA 02474
$1,549,000
Est. $9,249/month
7
Beds
3
Baths
3,039
Sq Ft
$510
Price/Sq Ft
0.22
Acres
1930
Year Built
10
Parking
45
Days on Market
Pending Listed May 15, 2026 • MLS# 73519750 Copied! • Updated Jun 30, 2026

About this home

Pristine brick multifamily home located in the desirable Arlington Heights neighborhood, just minutes from Route 2 and convenient to public transportation to Harvard Square. The first and second floor units offer nearly identical layouts featuring three bedrooms, spacious sun-filled kitchens, large formal dining and living rooms, elegant hardwood floors, beautiful original gumwood trim, and fireplaces. The second-floor unit also includes a charming front sunroom. The third floor features a one-bedroom in-law apartment currently rented in conjunction with the second-floor unit. Unit 1 is certified lead-safe, and both units are leased through August 31, 2027, offering strong rental stability for investors. Additional highlights include a large off-street parking area, a private backyard, and a full walkout basement with impressively high 9-foot ceilings offering excellent storage or expansion potential. A rare opportunity!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jun 24, 2026
Active → Active Under Contract
Pending Sale
Jun 19, 2026
Offer accepted, sale pending
🏠
Listed for Sale
May 15, 2026
$1,549,000
Original listing
Agent: Matt Gorman Office: EDGE Realty Advisors

Tax History

Year Taxes Assessment
2026 $14,596 $1,368,000

Financial Details

Annual Property Tax
$14,596
Tax Year 2026
Assessed Value
$1,368,000

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1930
Living Area 3,039 sq ft
Lot Size 0.22 acres
Bedrooms 7
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $3,350/mo · Y
Unit 2 Rent $3,950/mo · Y
Unit 3 Rent — · Y
Total Monthly Rent $7,300/mo
Gross Income $87,600
Net Operating Income $87,600
Cap Rate 5.66%
Heating None
Cooling None
Flooring Wood, Tile, Carpet, Varies, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace Wood Burning
Fireplaces 2
Basement Full, Walk-out Access, Interior Entry, Concrete
Laundry Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen, Sunroom
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Enclosed
Features Paved Drive, Off Street
Total Spaces 10
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Gas Dryer, For Electric Dryer, Washer Hookup, Varies Per Unit

Financial

Annual Tax $14,596
Assessed Value $1,368,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Assessed As A Three Family. Seller Makes No Representations, Buyer To Do All Due Diligence.
Exclusions Tenant Belongings Not Included In Sale.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 46 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1930
Bedrooms
7
Full Bathrooms
3
Living Area
3,039 sq ft
Total Rooms
15
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Carpet, Varies, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen, Sunroom
Windows: Stained Glass Window(s), Insulated Windows
Basement: Full, Walk-Out Access, Interior Entry, Concrete
Laundry: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Enclosed
Fencing: Fenced
Other Structures:
Lot Features: Gentle Sloping
Road Surface:

Parking & Garage

Total Parking Spaces: 10
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 2
Fireplace Type: Wood Burning
Community Amenities: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School

Nearby Schools

School information not available for this location.

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 $1,216
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

Interest
Principal
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

47 Park Ave Ext, Arlington MA 02474

Arlington, MA 02474

Listing Information

Listing Agent Matt Gorman
Listing Office EDGE Realty Advisors
Office Phone 617-477-0601
Agent MLS ID CN214024
Office MLS ID AN5229
Listing Data Updated Jun 30, 2026 1:38 PM 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

BMN Boston Real Estate

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