202 Massachusetts Ave, Arlington, MA 02474
Middlesex County
Key Facts
Description
Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49–55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1915
Stories
3
Living Area
39,900 sq ft
Lot Size
0.55 acres
Parking Spaces
5
Zoning
B3
Days on Market
4
MLS® Listing#
73546199
Property Features
Lot Features
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$68,191
Tax year 2026
Assessed Value
$6,297,900
Parcel Number
318569
Directions
Located on the corner of Mass Ave. and Lake St. in East Arlington
Affordability Calculator
$2,400,000
Estimated monthly payment
$63,869/mo
Principal $9,600,000 · Est. interest $13,392,854 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Arlington, MA
- $1,000,000
- Median Listing Price
- 27
- Median Days on Market
- 2,235
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 61
- Active Listings
- This home’s price is 1100% above the area median.
- Its price per sq ft is 47% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Arlington, MA.
Location
Getting Around
Points of Interest in Arlington, MA
Showing the Arlington area map.
Nearby Schools
Lesley Ellis School
Elementary · 0.1 mi away
Hardy Elementary School
Elementary · 0.2 mi away
Gibbs School
Secondary · 0.3 mi away
Thompson Elementary School
Elementary · 0.5 mi away
International School of Boston
Secondary · 0.6 mi away
Matignon High School
Secondary · 0.7 mi away
Saint Agnes School
Secondary · 0.7 mi away
Arlington Catholic High School
Secondary · 0.8 mi away
Gentle Dragon Preschool
School · 0.8 mi away
West Somerville Neighborhood School
Elementary · 0.8 mi away
Jun Zi Lan Montessori School Chinese English Immersion
Elementary · 0.9 mi away
Global Development and Environment Institute
School · 0.9 mi away
Conwell Elementary School
Elementary · 0.9 mi away
Somerville Community Schools
School · 1.0 mi away
The Fletcher School
School · 1.1 mi away
Wild Rose Montessori School
Elementary · 1.1 mi away
Benjamin Banneker Charter Public School
Elementary · 1.1 mi away
St Raphael Parish
School · 1.1 mi away
Fayerweather Street School
Secondary · 1.2 mi away
Peabody Elementary School
Elementary · 1.2 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Arlington
Listing Courtesy: Carl Christie - 6179421137
Presented by: Carl Christie