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Guillermo A Molina Jr

info@theomteam.com +1(978) 360-3441

$ 1,299,000

Est. payment | -/mo

5 Beds

3 Baths

2,447 SqFt

Save

$ 1,299,000

Est. payment | -/mo

Save

5 Beds

3 Baths

2,447 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,447 sqft

Price per Sqft $530

MLS Listing ID 73578826

Bedrooms 5

Full Baths 3

Year Built 1916

Annual Tax Amount $13,657

Tax Year 2026

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Multi Family

Property Description

Prime Jason Street Neighborhood opportunity across from Menotomy Rocks Park! Rarely available, this two-family home offers an exceptional location and tremendous potential for a buyer, investor, or developer looking to create something special. Situated directly across from the park and just steps to the pond, trails, Whole Foods, and all that the Jason Street neighborhood has to offer, this is a location that is hard to replicate. The property presents an exciting opportunity to renovate and reimagine the existing two-family home to suit your needs. Explore the potential to convert the property to a beautiful single-family residence, create an ADU, pursue a condominium conversion, or maintain it as a two-family home. The possibilities are particularly appealing for those looking to add value in a premier Arlington location.The home retains much of its original character and architectural detail, providing a wonderful foundation for a thoughtful renovation. There is a walk-up attic offering additional potential, while the basement features high ceilings and excellent storage or future-use possibilities. Several important improvements have already been made, including newer heating systems, hot water, windows, and roof, providing a head start for the next owner.The property also offers a nice yard with ample off-street parking. The existing parking area could accommodate multiple vehicles or potentially be reimagined to create a more expansive rear yard, garden, or outdoor living space. The home requires updating and renovation and will be sold in its current “as-is” condition. For the buyer with vision, this is a rare chance to create substantial value in an extraordinary neighborhood, whether as a personal residence, investment property, or development opportunity. Opportunities in this location and with this level of flexibility are rarely available.

Location

State MA

County Middlesex

Zoning R1

Direction GPS across from Menotomy Rocks Park

Rooms

Basement Full, Concrete

Interior

Interior Features Ceiling Fan(s), Floored Attic, Walk-Up Attic, Crown Molding, Storage, Living Room, Dining Room, Kitchen

Heating Steam, Natural Gas

Cooling None

Flooring Wood, Tile, Carpet, Hardwood

Appliance Range, Dishwasher, Refrigerator

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Private School, Public School, Sidewalks

Utilities Available for Gas Range

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Easements, Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Bishop/Brackett

Middle Schools Ottoson/Gibbs

High Schools Ahs

Others

Senior Community false

Acceptable Financing Other (See Remarks)

Listing Terms Other (See Remarks)

Listed by Gibson Sotheby's International Realty

NEARBY SCHOOLS & PROPERTIES

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA 01950, United States

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124 Jason St Arlington, MA 02476