Multi-Family for Sale: 1 Laurel St., Arlington, MA 02476 SOLD

6 beds
3 full baths
2,701 sqft
$1,290,000
$1,290,000
1 Laurel St., Arlington, MA 02476 SOLD
6 beds
3 full baths
2,701 sqft
$1,290,000
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Selling Price: $1,290,000
Original List Price: $1,350,000
Sold at 95.6% of list price
Sold Date: 08/31/2023

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Type Multi-Family
Beds 6
Total Baths 3 full baths
Square Feet 2,701 sqft
Lot Size 0.06 acres
Year Built 1907
City Arlington
County Middlesex
MLS 73137742
Status Closed
DOM 44 days
Turn-key investment property right in Arlington Center. Equipped with a 3-car driveway, maintenance-free fiber cement siding, newer windows, and a roof that was replaced just five years ago, 1-3 Laurel St. provides an ideal buy-and-hold venture in a market flush with overpriced multi-families. Each unit is separately metered for both gas and electricity, with newer Bryant furnaces, central heating, and 100-amp electrical service on each level. Kitchens and baths have all been updated in the last 5-7 years and the cumulative rent roll amounts to $84,600/year. Unit #1 is a Philadelphia-style 3 bed, 1 bath ($2,750), unit #2 is a floor-through 2 bed, 1 bath ($2,500) and unit #3 is a 1 bed, 1 bath on the top level ($1,800). All leases span to 8/31/24.

Lot & Building Features

Appliances Utility Connections for Gas Range, Utility Connections for Electric R
Construction Frame
Sewer Public Sewer
Tax Year 2023
Taxes Paid $10,091
Water Public
Foundation Concrete Perimeter
Exterior Features Deck
Roof Shingle
Full Baths 3
Parking Off Street, Paved
Total Rooms 12
Basement Feature Full
Garage Spaces 0

Price History of 1 Laurel St., Arlington, MA

Date Name Price Difference
07/18/2023 Listing Price $1,290,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Ruby Li
Direct: 617-401-5357
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Coelho Realty Group LLC, Joe Danisch
Sold by Coelho Realty Group LLC, Joe Danisch
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Listing information courtesy of: Coelho Realty Group LLC

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