Arlington Commons consists of two, twin 27-unit brick buildings and contains (27) 2-Bed/1-Bath units, (21) 1-Bed/1-Bath units, and (6) Studio units. The Property has been subject to significant capital improvements, with (48) of the units recently renovated with updated kitchens, bathrooms and flooring throughout, common area renovations, exterior renovations including landscaping and painting, new rubber roofs, new parking lot, new sewer pumps, and new vinyl replacement windows. Tenants of the Property are responsible for their own heat (electric) while the landlord is responsible for common area electric, gas-fired hot water and domestic water and sewer. Arlington Commons offers the opportunity to acquire a renovated property with high historical occupancy and future upside in a desirable MetroWest location at a significant discount to replacement cost. The subject property is ideal for a potential buyer looking for an attractive, stabilized asset and income growth.
30,048 Sq Ft
1.12 Private Acres Exterior Space
Investment
$120,332 Annual Tax
Built in 1970
MLS/Listing ID 73430910
3 Stories
54 Units
Parking - Off Street
Community - Bike Path
Community - Highway Access
Community - House of Worship
Community - Tennis Courts
Community - Shopping
Community - Public Transportation
Community - Laundromat
Community - Medical Facility
Community - Private School
Community - Public School
Community - T-Station
Community - University
Community - Walk/Jog Trails
Rubber
Community - Pool
Community - Park
Community - Golf
Listing Courtesy of HORVATH & TREMBLAY, KELLEHER - PENTORE TEAM - 781-776-4004
Source of Data: MLS PROPERTY INFORMATION NETWORK
TOTAL MONTHLY COST
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