Unit Information
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.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5+ Family - 5+ Units Side by Side
- Zip Code: 01702
- Levels: 3
- Parking
- Parking: Off Street
- Parking Spaces: 58
- Rooms and Dimensions
- Total Units: 54
- Total Floors: 3
- Total Rooms: 99
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$15,000,000
- Status: New
- Listing ID: 73430910
- Bedrooms: 81
- Full Baths: 54
- Living Area: 30,048 sqft Convert
- Lot Size: 48,787 sqft Convert
- Acres: 1.12
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |