181 Summer Street Arlington MA 02474 MLS #73295004

181 Summer Street
Arlington, MA, 02474
$1,450,000
6 Beds
2.5 Baths
2,428 SqFt
0.28 Acres
$1,450,000
181 Summer Street
Arlington, MA, 02474
Opportunity knocks! Set on over 12,000 sf of level land in a top commuter location, 181 Summer Street boasts a number of quality upgrades and a strong rental history. A full 2018 3rd-floor dormer added 2 spacious bedrooms and room for a future third full bathroom. Improvements over past 10 years include new roof, two new heating/central air systems, replacement Harvey windows, rebuilt front porch and stairs, and a new tile bathroom (Unit 2). Each unit features hardwood floors and ceramic tile baths. Lower level is partially finished with 2 separate laundry areas and a bonus half bath; new gas water heater 2024 (Unit 1). Property is conveniently located on the Turkey Hill bus line to Alewife, just a few short blocks to vibrant Mass Avenue, public tennis/pickleball courts, AHS and Bishop School, and the popular Minuteman Bikeway. Home also abuts wooded conservation land (Arlington 360). Investors/Contractors/Developers note: Large, deep sunny backyard offers opportunity for expansion.

Property Details

Price:
$1,450,000
MLS #:
73295004
Status:
Active
Beds:
6
Baths:
2.5
Address:
181 Summer Street
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Arlington
Listed Date:
Sep 25, 2024
State:
MA
Finished Sq Ft:
2,428
Total Sq Ft:
2,428
ZIP:
02474
Lot Size:
12,018 sqft / 0.28 acres (approx)
Year Built:
1949
Units:
2

Schools

Elementary School:
Bishop
Middle School:
Ottoson
High School:
Ahs

Interior

Appliances
Range, Refrigerator, Washer, Dryer, Dishwasher, Range Hood
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile, Vinyl, Hardwood, Stone/ Ceramic Tile
Heating
Forced Air, Natural Gas
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Bike Path, Conservation Area, Public School, Sidewalks
Construction Materials
Frame
Exterior Features
Rain Gutters
Other Structures
Shed(s)
Parking Features
Off Street, Paved
Parking Spots
5
Roof
Shingle

Financial

Net Operating Income
$60,600
Tax Year
2024
Taxes
$11,206
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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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181 Summer Street
Arlington, MA