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!
Sold for $1,340,000 on 10/10/25
$1,340,000
3 Five Lafayette St, Arlington, MA 02474
7beds
2,980sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$450/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 14, 2025 at 11:55am
Listed by:
Julie Gibson,
Gibson Sotheby's International Realty,
Sarah Holt
Bought with:
Rachel Carter
Coldwell Banker Realty - Wellesley
Source: MLS PIN,MLS#: 73425483
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Steam, Oil
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Pantry, Storage, Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Heated Attic, Crown Molding, Living Room, Dining Room, Kitchen
- Flooring: Laminate, Hardwood
- Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,980
- Total interior livable area: 2,980 sqft
- Finished area above ground: 2,980
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Balcony/Deck, Garden
Lot
- Size: 5,001 sqft
Details
- Parcel number: M:001.0 B:0003 L:0005,318097
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block, Stone
- Roof: Shingle
Condition
- Year built: 1925
Utilities & green energy
- Electric: Fuses
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Public School, T-Station
Location
- Region: Arlington
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Road surface type: Paved