3-5 Lafayette Street, Arlington, MA 02474
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
Listed by:julie gibson
Office:gibson sotheby's international realty
MLS#:73425483
Source:MLSPIN
Price summary
- Price:$1,199,000
- Price per sq. ft.:$402.35
About this home
Investor Alert! Just steps from the bike path in East Arlington’s highly coveted commuter neighborhood lies a rare opportunity waiting to be reimagined. After many years in the same family, this classic multi-family is ready for renovation, although your vision and hard work will truly pay off! The stucco exterior adds timeless character, and with southeast exposure bringing in morning light and back porches made for sunset views, the potential here is undeniable. Possibilities galore ~ convert to a single family, consider a condo conversion, live in one unit and collect rent on the other? You’ll love the garage and non-tandem parking and the existing third-floor with three additional bedrooms. This is the ultimate chance to invest in one of Arlington’s hottest neighborhoods, the perfect combination of lifestyle and location! Just a seven minute stroll to Alewife T, the 77 bus line, Thorndike Park/Magnolia Field, Hardy School, and all the East End’s eclectic shops, restaurants, and theaters!
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Home facts
- Year built:1925
- Listing ID #:73425483
- Updated:September 05, 2025 at 10:23 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,980 sq. ft.
Heating and cooling
- Heating:Hot Water, Oil, Steam
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:2,980 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Ahs
- Middle school:Ottoman
- Elementary school:Hardy
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,000
- Price per sq. ft.:$402.35
- Tax amount:$11,587 (2025)
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