376-378 Massachusetts Avenue

Arlington, MA 02474

$2,495,000
Price
5
Beds
3
Baths
3
1/2 Baths
7,586 Sq. Ft.
$329 / Sq. Ft.
7,586
Sq. Ft.
$329
per Sq. Ft.

Description

Discover the perfect investment opportunity with this exceptional Victorian-style mixed-use building in the heart of Arlington Center. Meticulously maintained, this property is ideal for an end user, investor, or developer, offering a blend of timeless charm and modern updates. It features three spacious and recently renovated residential units with open floor plans, updated kitchens, and modern bathrooms, making them ideal for rental income or condo conversion. Additionally, a private 2-room office...Discover the perfect investment opportunity with this exceptional Victorian-style mixed-use building in the heart of Arlington Center. Meticulously maintained, this property is ideal for an end user, investor, or developer, offering a blend of timeless charm and modern updates. It features three spacious and recently renovated residential units with open floor plans, updated kitchens, and modern bathrooms, making them ideal for rental income or condo conversion. Additionally, a private 2-room office suite with a separate entrance and private bath is perfect for professionals or small business use. The grand first-floor entryway welcomes you into a beautifully updated 2-bedroom apartment with over five rooms, while the lower level offers untapped potential for expansion or additional functionality. At the rear of the property, a parking area and oversized barn provide ample storage and exciting renovation opportunities. Seller may offer some form of concessions or compensation.
  1. Listed by Steve McKenna & The Home Advantage Team • Gibson Sotheby's International Realty
  2. Listed by Kristen McKenna • Gibson Sotheby's International Realty
  3. Listed by Stephen McKenna • Gibson Sotheby's International Realty

Property Details for 376-378 Massachusetts Avenue

Town
Arlington
Area
MA-Arlington
Garage Spaces
2
Parking Spaces
3.00
Parking Spaces Total
5
LISTING UPDATED: 11/22/2024 04:29 PM

Property Details for 376-378 Massachusetts Avenue

StatusNew
MLS #73314491
Days on Market1
Taxes$21,437 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyMiddlesex County

Building Information for 376-378 Massachusetts Avenue

Stories6Residences3Year Built1900Building Size-Lot Size0.15 AC / 6,737 SF

Property Information for 376-378 Massachusetts Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Laundromat, Bike Path, Private School, Public School, Sidewalks
  • Living Area: 7586.0
  • SqFt with Basement: Yes
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Location/School
  • Grade School: Hardy
  • High School: Ahs
  • Middle School: Ottoson/Gibbs
Features
Interior Features
  • Appliances: Range, Dishwasher, Refrigerator, Washer/Dryer, Microwave, Washer, Dryer
  • Basement Features: Full, Partially Finished, Walk Out
  • Num of Baths: 6.0
  • Num of Full Baths: 3
  • Num of Half Baths: 3
  • Bathrooms Total Decimal: 4.50
  • Bathrooms Total Integer: 6
  • DoorFeatures: Insulated Doors, Storm Door(s)
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Vinyl, Carpet, Hardwood
  • Interior Features: Upgraded Cabinets, Upgraded Countertops, Remodeled, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Walk-In Closet(s), Bathroom With Tub & Shower, Open Floorplan, Living Room, Kitchen, Office/Den, Dining Room
  • Laundry Features: Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows, Storm Window(s), Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Professional Landscaping
  • Exterior Features: Screens, Professional Landscaping, Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Ductless Mini-Split System, None
  • Cooling: No
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Electric, Ductless, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Electric Oven, Washer Hookup, Varies per Unit
  • Water: Public
Property Information
Property Info
  • 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: Property has been renovated since previous sale. Lower level has expansion potential.
Tax Information
  • Listing Terms: Other (See Remarks)
  • Assessments: $1,995,800
  • Book: 80588
  • Tax Year: 2024
  • Zoning: B1
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 3
  • Cooling Zones: 3
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • GOI: $118,200.00
  • NOI: $118,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
Rental Info
Rental Info
  • Total Actual Rent: $9,850.00

Property History for 376-378 Massachusetts Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 376-378 Massachusetts Avenue

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
Hardy 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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376-378 Massachusetts Avenue is a multi-family home for sale in Arlington, MA 02474. This property was listed for sale on November 22, 2024 by Gibson Sotheby's International Realty, it's currently listed at $2,495,000. It has been on the market for a total of 1 days and was last sold on August 16, 2022. This listing's school district is Arlington Public Schools. Nearby schools include Hardy Elementary School, Ottoson Middle School and Arlington High School. 376-378 Massachusetts Avenue is a 5-bed, 4.5-bath, 7,586 sqft multi-family home built in 1900.

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.

Listing Courtesy of Gibson Sotheby's International Realty, Steve McKenna & The Home Advantage Team; Gibson Sotheby's International Realty, Kristen McKenna; Gibson Sotheby's International Realty, Stephen McKenna

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.