47 Park Ave Ext, Arlington MA 02474
Arlington, MA 02474
$1,450,000
Sale Statistics
Sale Overview
Original List Price:
$1,549,000
Final Sale Price:
$1,450,000
Difference:
$99,000 (-6.4%)
Performance Metrics
93.6%
List to Sale Ratio
Sold below asking price
45
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$510
Sale $/sq ft:
$477
This property sold for $477 per square foot
Sale Summary
This property sold for 6.4% below the original asking price.
The property spent 45 days on market before selling.
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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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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/24/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/19/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/15/2026 | 🏠 Listed for Sale | $1,549,000 | - | - | Original listing |
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%
Interior
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
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Enclosed
Parking
Features
Paved Drive, Off Street
Total Spaces
10
Utilities
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Assessed As A Three Family. Seller Makes No Representations, Buyer To Do All Due Diligence.
Exclusions
Tenant Belongings Not Included In Sale.
Additional Details
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,039 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed
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:
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.
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
Aug 3, 2026 9:40 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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