13-15 Fairmont St. Arlington MA 02474 MLS #73231049

13-15 Fairmont St.
Arlington, MA, 02474
$1,075,500
6 Beds
3 Baths
2,621 SqFt
0.09 Acres
$1,075,500
13-15 Fairmont St.
Arlington, MA, 02474
Opportunity to own a 3-Family in East Arlington LOCATION. Excellent potential to remodel for New Owner Move-in with Rental Income or for Investment. First floor Apt. is presently the Owner’s unit. Needs TLC/upgrades to realize Rental Market Value. 2nd. floor unit is occupied as Tenant-at-Will at $1,700.per month w/hot water incl.& 1-car driveway parking. 3rd. floor Apt. also occupied Tenant-at-Will at $1,850.per month, includes Hot Water & 1-car off-street parking which is a rented parking space on Mass .Ave. Present Owner pays $150.00 per month for the space. A new Owner will have option to rent this space if wanted .Asphalt Roof installed 4/1998. – 2 Gas Burnham Boilers Heat systems installed 9/2014. 3rd. floor Gas Rinnai Heater installed in 2009. 2-Rheem 40 Gal. Gas Hot Water Heaters installed 9/2018. Tenants share Laundry W/D in basement (not coin-operated, Kenmore Elite Models-included in sale).Near Public Transport to Alewife Redline T, Bike Path & Local shopping.

Property Details

Price:
$1,075,500
MLS #:
73231049
Status:
Active Under Contract
Beds:
6
Baths:
3
Address:
13-15 Fairmont St.
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Arlington
Listed Date:
May 1, 2024
State:
MA
Finished Sq Ft:
2,621
ZIP:
02474
Lot Size:
3,999 sqft / 0.09 acres (approx)
Year Built:
1902

Schools

Interior

Appliances
Range, Dishwasher, Refrigerator, Range Hood
Bathrooms
3 Full Bathrooms
Flooring
Carpet, Varies, Tile, Wood
Heating
Hot Water, Steam, Natural Gas, Baseboard
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Bike Path, Highway Access, Public School, T- Station, University, Sidewalks
Construction Materials
Frame
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street, Leased, Paved
Parking Spots
1
Roof
Shingle

Financial

Buyer Agent Compensation
2.0%
Net Operating Income
$20,400
Tax Year
2024
Taxes
$10,703
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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13-15 Fairmont St.
Arlington, MA