3-5 Lafayette Street Arlington MA 02474 MLS #73425483

3-5 Lafayette Street
Arlington, MA, 02474
$1,199,000
7 Beds
2 Baths
2,980 SqFt
0.11 Acres
$1,199,000
3-5 Lafayette Street
Arlington, MA, 02474
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 & hard work will truly pay off! The stucco exterior adds timeless character, & with southeast exposure bringing in morning light & 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 & collect rent on the other? You’ll love the garage + non-tandem parking & the existing third-floor walk-up with three additional bedrooms. This is the ultimate chance to invest in one of Arlington’s hottest neighborhoods, the perfect combination of lifestyle & location! Just a 7-minute stroll to Alewife T, the 77 bus line, Thorndike Park/Magnolia Field, Hardy School, + all the East End’s eclectic shops, restaurants, and theaters!

Property Details

Price:
$1,199,000
MLS #:
73425483
Status:
Pending
Beds:
7
Baths:
2
Address:
3-5 Lafayette Street
Type:
Multi Family
Neighborhood:
eastarlington
City:
Arlington
Listed Date:
Sep 3, 2025
State:
MA
Finished Sq Ft:
2,980
Total Sq Ft:
2,980
ZIP:
02474
Lot Size:
5,001 sqft / 0.11 acres (approx)
Year Built:
1925
Units:
2

Schools

Elementary School:
Hardy
Middle School:
Ottoman
High School:
Ahs

Interior

Appliances
Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Laminate, Hardwood
Heating
Hot Water, Steam, Oil
Laundry Features
Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Bike Path, Conservation Area, Public School, T- Station
Construction Materials
Frame
Exterior Features
Balcony/ Deck, Garden
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
4
Roof
Shingle

Financial

Tax Year
2025
Taxes
$11,587
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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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