181 Summer Street

Arlington, MA 02474

$1,450,000
Price
6
Beds
2
Baths
1
1/2 Bath
2,428 Sq. Ft.
$597 / Sq. Ft.
2,428
Sq. Ft.
$597
per Sq. Ft.

Description

Expansion Potential! Set on over 12,000 sf of level land in a top commuter location, 181 Summer Street boasts a number of quality upgrades and a strong rental history. A full 2018 3rd-floor dormer added 2 spacious bedrooms and room for a future third full bathroom. Improvements over past 10 years include new roof, two new heating/central air systems, replacement Harvey windows, rebuilt front porch and stairs, and a new tile bathroom (Unit 2). Each unit features hardwood floors and ceramic tile baths....Expansion Potential! Set on over 12,000 sf of level land in a top commuter location, 181 Summer Street boasts a number of quality upgrades and a strong rental history. A full 2018 3rd-floor dormer added 2 spacious bedrooms and room for a future third full bathroom. Improvements over past 10 years include new roof, two new heating/central air systems, replacement Harvey windows, rebuilt front porch and stairs, and a new tile bathroom (Unit 2). Each unit features hardwood floors and ceramic tile baths. Lower level is partially finished with 2 separate laundry areas and a bonus half bath; new gas water heater 2024 (Unit 1). Property is conveniently located on the Turkey Hill bus line to Alewife, just a few short blocks to vibrant Mass Avenue, public tennis/pickleball courts, AHS and Bishop School, and the popular Minuteman Bikeway. Investors/Contractors/Developers note: opportunity knocks!
  1. Listed by Karen Zoeller • Senne

Property Details for 181 Summer Street

Town
Arlington
Area
MA-Arlington
Garage Spaces
0
Parking Spaces
5.00
Parking Spaces Total
5
LISTING UPDATED: 11/12/2024 09:24 AM

Property Details for 181 Summer Street

StatusActive
MLS #73295004
Days on Market57
Taxes$11,206 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1949
CountyMiddlesex County

Building Information for 181 Summer Street

Stories3Residences2Year Built1949Building Size-Lot Size0.28 AC / 12,018 SF

Property Information for 181 Summer Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Bike Path, Conservation Area, Public School, Sidewalks
  • Living Area: 2428.0
  • Color: Tan/White
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Bishop
  • High School: Ahs
  • Middle School: Ottoson
Features
Interior Features
  • Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher, Range Hood
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
  • Interior Features: Bathroom With Tub & Shower, Remodeled, Living Room, Dining Room, Kitchen, Office/Den
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows, Storm Window(s), Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Screens, Porch
  • Lot Description: Level
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Green Energy Efficient: Thermostat
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewage District: MWRA
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Unit 2 leased through 6/30/2025; Unit 1 through 11/30/2024. Floorplans are approximate. Buyer/buyer agent to verify expansion possibilities with Town. Seller is licensed real estate salesperson and welcomes offers with requests for buyer concessions.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 323819
  • Assessments: $1,058,200
  • Block: 5
  • Book: 62401
  • Lot: 3A
  • Map: 68A
  • Tax Year: 2024
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block
  • Foundation Area: 952.0
  • Frontage: 68.00
  • Cooling Units: 2
  • Cooling Zones: 2
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Annual Expenses Source: Tax Return
  • GOI: $60,600.00
  • Insurance: $1,703.00
  • GRE: $4,604
  • RME: $1,100
  • NOI: $55,996.00
  • Operating Expense: $4,604.00
  • WSE: $1,801.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $5,050.00

Property History for 181 Summer Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 181 Summer Street

Taxable ValueLand$569,100Additions$489,100Total$1,058,200
Tax Record2024$11,206 ($934 / month)
Home Facts
Baths2Total Finished SqFt2,428 SqFtAbove Grade Finished SqFt2,428 SqFtUnfinished Basement SqFt666 SqFtStories2Lot Size12,018 SqFtStyleDuplexYear Built1949Year Renovated1959ZoningR1CountyMIDDLESEXAPNARLI M:068.0 B:0005 L:0003.A

Schools near 181 Summer Street

This home is within Arlington Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 6
Rating
School
Distance
Bishop Elementary School
PublicK to 5

Ottoson Middle School
Public7 to 8

Arlington High School
Public9 to 12

Gibbs School
Public6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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181 Summer Street is a multi-family home for sale in Arlington, MA 02474. This property was listed for sale on September 25, 2024 by Senne, it's currently listed at $1,450,000. It has been on the market for a total of 57 days and was last sold on August 6, 2013. This listing's school district is Arlington Public Schools. Nearby schools include Bishop Elementary School, Ottoson Middle School and Arlington High School. 181 Summer Street is a 6-bed, 2.5-bath, 2,428 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Senne, Karen Zoeller

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.