202 Massachusetts Ave, Arlington MA 02474

Arlington, MA 02474

$12,000,000

Est. $66,561/month

26

Beds

20

Baths

39,900

Sq Ft

$301

Price/Sq Ft

0.55

Acres

1915

Year Built

5

Parking

5-9 Family

Type

1 hour 20 minutes

Time on Market

Active Listed Jul 8, 2026 • MLS# 73546199 Copied! • Updated Jul 8, 2026

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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

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Recently Sold Nearby

Property History

Property Timeline

🏠

Listed for Sale

Jul 8, 2026

$12,000,000

Original listing

Agent: Carl Christie Office: Carl Christie

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/08/2026	🏠 Listed for Sale	$12,000,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2026	$68,191	$6,297,900

Financial Details

Annual Property Tax

$68,191

Tax Year 2026

Assessed Value

$6,297,900

Facts & Features

Home Facts

Type Residential Income

Style 5-9 Family

Year Built 1915

Living Area 39,900 sq ft

Lot Size 0.55 acres

Bedrooms 26

Full Baths 20

Total Rooms 44

Investment Metrics

Units 24

Unit 1 Rent $2,000/mo · Y

Unit 2 Rent $2,000/mo · Y

Total Monthly Rent $4,000/mo

Gross Income $48,000

Net Operating Income $48,000

Cap Rate 0.40%

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

Total Spaces 5

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $68,191

Assessed Value $6,297,900

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 []

Sq Ft Source Owner

Documents None

County Middlesex

Property Overview

Property Type

5-9 Family

Listing Type

For Sale

Year Built

1915

Bedrooms

26

Full Bathrooms

20

Living Area

39,900 sq ft

Total Rooms

44

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:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1915

Structure Type:

Exterior Materials:

Roof:

Foundation: Concrete Perimeter

Stories: 3

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Corner Lot, Level

Road Surface:

Parking & Garage

Total Parking Spaces: 5

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

E

Elementary Schools

10 schools

Lesley Ellis School

0.2 mi

Grades PK-07

St. Agnes Elementary School

0.8 mi

Grades K-08

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

Arlington Children's Center

1.0 mi

Grades PK-K

Menotomy Preschool

1.0 mi

100 students Very Diverse

Diverse Student Body

Grades PK

A+

John A Bishop School

1.4 mi | #52 of 824 | Score: 62.2

Improved 10 spots from last year

+4 above state avg

375 students Diverse

Grades K-05

A

Brackett School

1.8 mi | #120 of 824 | Score: 58.0

Dropped 7 spots from last year

-0.2 below state avg

394 students Diverse

Strong Attendance

Grades K-05

A-

M. Norcross Stratton Elementary School

2.0 mi | #180 of 824 | Score: 56.0

Dropped 38 spots from last year

-2.2 below state avg

448 students Diverse

Diverse Student Body

Grades K-05

A+

Peirce School

2.4 mi | #57 of 824 | Score: 61.8

Dropped 23 spots from last year

+3.6 above state avg

318 students Diverse

Grades K-05

M

Middle Schools

2 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+

Ottoson Middle School

2.0 mi | #4 of 352 | Score: 65.2

Improved 13 spots from last year

+7 above state avg

963 students Diverse

Strong Attendance

Grades 07-08

H

High Schools

1 school

Arlington Catholic High School

0.8 mi

17 sports • 1,412 athletes

Strong Athletics

Grades 09-12

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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 8, 2026 7:05 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak

BMN Boston Real Estate

(617) 955-2224 mail@steve-novak.com

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