578 Marrett Rd Lexington MA 02421 MLS #73338203

There are multiple listings for this address:
578 Marrett Rd
Lexington, MA, 02421
$1,599,000
5 Beds
6 Baths
4,434 SqFt
0.4 Acres
$1,599,000
578 Marrett Rd
Lexington, MA, 02421
Open House Mar 01, 2025
12:00 – 02:00
Open House Mar 02, 2025
12:00 – 02:00
This versatile property, owned and maintained by the same family for nearly 50 years, with a strong rental history, offers excellent income potential with two separate dwellings. The larger building, currently configured as three units, could be used as a rental property or converted into a spacious 2,300 square foot, 3-4 bedroom home. See MLS attachments to review a rough plan. A new roof (one year old) and fresh exterior paint enhance its appeal. The second dwelling provides valuable rental income or could be a private residence for extended family or guests. In addition to a one car garage, there is plenty of exterior storage space. Buyer and/or buyer’s agent to perform due diligence. The seller and listing agent make no representations regarding future use.

Property Details

Price:
$1,599,000
MLS #:
73338203
Status:
Active
Beds:
5
Baths:
6
Address:
578 Marrett Rd
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Lexington
Listed Date:
Feb 25, 2025
State:
MA
Finished Sq Ft:
4,434
Total Sq Ft:
4,434
ZIP:
02421
Lot Size:
17,242 sqft / 0.40 acres (approx)
Year Built:
1900
Units:
5

Schools

Elementary School:
Verify W/ Lps
Middle School:
Clarke Ms
High School:
Lhs

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator
Bathrooms
5 Full Bathrooms, 2 Half Bathrooms
Cooling
Ductless, Window Unit(s), Central Air
Fireplaces Total
2
Flooring
Varies, Tile, Hardwood, Carpet
Heating
Natural Gas

Exterior

Construction Materials
Frame
Exterior Features
Balcony/ Deck
Parking Features
Off Street, Assigned
Parking Spots
10
Roof
Shingle

Financial

Net Operating Income
$120,900
Tax Year
2025
Taxes
$20,106
Need more info?
Ask a Question
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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…

More About Marie

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578 Marrett Rd
Lexington, MA
578 Marrett Rd
Lexington, MA, 02421
$1,599,000
6 Beds
7 Baths
4,434 SqFt
0.4 Acres
$1,599,000
578 Marrett Rd
Lexington, MA, 02421
Open House Mar 01, 2025
12:00 – 02:00
Open House Mar 02, 2025
12:00 – 02:00
This versatile property, owned and maintained by the same family for nearly 50 years, with a strong rental history, offers excellent income potential with two separate dwellings. The larger building, currently configured as three units, could be used as a rental property or converted into a spacious 2,300 square foot, 3-4 bedroom home. See MLS attachments to review a rough plan. A new roof (one year old) and fresh exterior paint enhance its appeal. The second dwelling provides valuable rental income or could be a private residence for extended family or guests. In addition to a one car garage, there is plenty of exterior storage space. Buyer and/or buyer’s agent to perform due diligence. The seller and listing agent make no representations regarding future use.

Property Details

Price:
$1,599,000
MLS #:
73338205
Status:
Active
Beds:
6
Baths:
7
Address:
578 Marrett Rd
Type:
Single Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Lexington
Listed Date:
Feb 25, 2025
State:
MA
Finished Sq Ft:
4,434
Total Sq Ft:
4,434
ZIP:
02421
Lot Size:
17,242 sqft / 0.40 acres (approx)
Year Built:
1900

Schools

Elementary School:
Verify W/ Lps
Middle School:
Clarke Ms
High School:
Lhs

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator
Bathrooms
5 Full Bathrooms, 2 Half Bathrooms
Cooling
Ductless, Window Unit(s), Central Air
Fireplaces Total
2
Flooring
Varies, Tile, Hardwood, Carpet
Heating
Natural Gas

Exterior

Construction Materials
Frame
Exterior Features
Balcony/ Deck
Parking Features
Off Street, Assigned
Parking Spots
10
Roof
Shingle

Financial

Net Operating Income
$120,900
Tax Year
2025
Taxes
$20,106
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
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…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby