578 Marrett Rd, Lexington MA 02421 – 5 bed 7 bath For Sale – 73338203
Overview
- Updated On:
- March 21, 2025
-
- 73338203
- 5 Bedrooms
- 6 Bathrooms
- 1 Garage Space
- 10 Non-Garage Parking Spaces
- 1900
Description
This versatile property, owned and maintained by the same family for nearly 50 years, with a strong rental history, offers excellent income potential with two separate dwellings. The larger building, currently configured as three units, could be used as a rental property or converted into a spacious 2,300 square foot, 3-4 bedroom home. See MLS attachments to review a rough plan. A new roof (one year old) and fresh exterior paint enhance its appeal. The second dwelling provides valuable rental income or could be a private residence for extended family or guests. In addition to a one car garage, there is plenty of exterior storage space. Buyer and/or buyer’s agent to perform due diligence. The seller and listing agent make no representations regarding future use.
This property is listed by Martha Sevigny from William Raveis R.E. & Home Services
Property Listing Details
Overview
| MLS Status | Closed |
|---|---|
| Price | $ 1,599,000 |
| Living Area | 4,434.00 ft2 |
| Bedrooms | 5 |
| Total Rooms | 18 |
|---|---|
| Listing MLS ID | 73338203 |
| Days on Market | 10 |
| Bathrooms | 6 |
Unit Information
| Bedrooms | 5 |
|---|---|
| Full Bathrooms | 5 |
| Half Bathrooms | 2 |
| Cooling | Ductless,Window Unit(s),Central Air |
| Heating | Natural Gas |
| Uncovered Parking | 10 |
| Garage Parking | 1 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | |
| Patio And Porch Features | Deck |
| Parking Features | Off Street,Assigned |
| Waterview Features | |
| Flooring | Varies,Tile,Hardwood,Carpet |
Building Information
| Building Name | |
|---|---|
| Units in Building | 5 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials | Frame |
| Year Built | 1900 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | |
| Roof | Shingle |
Additional Details
| Community Features | |
|---|---|
| Disclosures | Unit 1 was previously a 2 bdr and could easily be converted back. See attached plans.Please note that property is in RS zone for single family,but is pre-existing,non-conforming use. |
| Last Updated | 2025-03-21T14:44:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | M:0042 L:000053,552298 |
| Original List Price | 1599000 |
| Listing Office | william raveis r.e. & home services |
| Tax Annual Amount | 20106 |
|---|---|
| Tax Assessed Value | 1644000 |
| Tax Book Number | 71433 |
| Tax Year | 2025 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | RS |
| Listing Agent | martha sevigny |
Amenities and Features
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578 Marrett Rd, Lexington MA 02421 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
578 Marrett Rd, Lexington MA 02421 – 5 bed 7 bath For Sale – 73338203
$ 1,599,000
Status: Closed
578 Marrett Rd, Lexington MA 02421, Lexington, , Middlesex 02421
Country: US
Property Overview
MLS #: 73338203
Type: 5+ Family - 5+ Units Up/Down /
Action: Residential Income
Year Built: 1900 (Actual, Source: Public Records, Effective: )
Living Area: 4,434.00 ft2 (Total: 4434 Square Feet, Source: Public Records)
Lot Size: 0.40 ft2 (Area: 0.4 Acres, SqFt: 17242)
Total Rooms: 18
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 5 (Main Level: )
Bathrooms: Total: 6 (Full: 5, Half: 2, Decimal: 6, Main Level: )
Basement:
Fireplaces: 2 (Gas)
Flooring: Varies,Tile,Hardwood,Carpet
Laundry:
Window Features: Box/Bay/Bow Window(s),Skylight(s)
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials: Frame
Foundation: Stone (Area: )
Roof: Shingle
Stories: 6 (6)
Common Walls:
Body Type:
Utilities & Green Features
Heating: Natural Gas
Cooling: Ductless,Window Unit(s),Central Air
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: Circuit Breakers (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 1
Covered Spaces: 1
Parking Total: 10
Parking Features: Off Street,Assigned
Pool:
Spa:
Patio/Porch: Deck
Fencing:
Lot Features: Gentle Sloping
View: (, Waterview Y/N: )
Waterfront:
Road Frontage: (116.00)
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features:
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: Verify W/ Lps, M: Clarke Ms, H: Lhs
Zoning: RS ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
This versatile property, owned and maintained by the same family for nearly 50 years, with a strong rental history, offers excellent income potential with two separate dwellings. The larger building, currently configured as three units, could be used as a rental property or converted into a spacious 2,300 square foot, 3-4 bedroom home. See MLS attachments to review a rough plan. A new roof (one year old) and fresh exterior paint enhance its appeal. The second dwelling provides valuable rental income or could be a private residence for extended family or guests. In addition to a one car garage, there is plenty of exterior storage space. Buyer and/or buyer’s agent to perform due diligence. The seller and listing agent make no representations regarding future use.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 5
Units Owner Occupied:
Unit 1: Beds: 1, Full Baths: 2, Half Baths: 0, Levels: 2, Rent: 2900, Lease: Y
Unit 2: Beds: 1, Full Baths: 1, Half Baths: 1, Levels: 1, Rent: 2500, Lease: Y
Unit 3: Beds: 1, Full Baths: 1, Half Baths: 1, Levels: 1, Rent: 2400, Lease: N
Unit 4: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1375, Lease: Y
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 20106 (Year: 2025)
Tax Assessed Value: 1644000
Tax Block/Lot/Book/Map: / / 71433 /
Parcel Number: M:0042 L:000053,552298
Special Licenses:
Current Financing: Cash
Gross Income: 120900 (Scheduled: )
Net Operating Income: 120900
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: No
Tenant Pays:
Rent Includes: Unit 1(Heat,Electric,Water),Unit 2(Heat,Water),Unit 3(Heat,Water),Unit 4(Heat,Water,Hot Water)
Total Actual Rent: 10075
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Martha Sevigny (MLS ID: CN242809) / Team:
Listing Office: William Raveis R.E. & Home Services (MLS ID: M95353)
Agent (Property): 57
Buyer Agent MLS ID: TM356204
Buyer Office MLS ID: BB3298
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-02-25
Expiration Date: 1900-01-01
Original List Price: 1599000
Price Per SqFt (List): 360.62
Market Time (Property): 10 (Broker: 10, Prev Broker: 0, Prev Property: 0)
MLS Status: Sold
Possession:
Directions: Marrett Road
Disclosures: Unit 1 was previously a 2 bdr and could easily be converted back. See attached plans.Please note that property is in RS zone for single family,but is pre-existing,non-conforming use., N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency: Pending P&S
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag: 1
Listing Alert: No
Square Feet Disclosures: Public records used for floors 1 & 2, lower levels measured. (Incl. Base: Yes, Other: )
Master Book/Page: / (Page: 0504)
Sale Information (if applicable)
Close Date: 2025-03-20
Close Price: 1670000
Price Per SqFt (Sold): 376.64
Anticipated Sold Date: 2025-03-20T04:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-03-01
Sold vs Rent:
System Information
Property ID: 1808172
Modification Timestamp: 2025-03-21T14:44:00.000Z
Bridge Modification Timestamp: 2025-03-21T14:47:39.898Z
Original Entry Timestamp: 2025-02-25T19:44:00.000Z
Status Change Timestamp: 2025-03-21T14:44:00.000Z
Off Market Date: 2025-03-07
Development Status:
Business Type:
