Located in the heart of Arlington Heights, this charming five-family home offers a rare investment opportunity. Consisting of five one-bedroom units and a history of long-standing tenants, this property boasts strong and stable rental income. Grandfathered as a legal five-family home, it provides unique investment security. Meticulously maintained and owned by the same dedicated owner for over 60 years, this residence has stood the test of time. Its prime location, coupled with the reliability of long-term tenants, makes this property an exceptional addition to any investor’s portfolio. Recent upgrades include newer heating systems, hot water tanks, and updated electrical systems, with rents covering both heat and hot water. All tenants are eager to stay, ensuring continued stability and income potential for the future owner. Seller welcomes offers with requests for buyer concessions.
Sold for $1,410,000 on 05/30/25
$1,410,000
31-33 Acton St, Arlington, MA 02476
5beds
3,859sqft
5+ Family - 5+ Units Up/Down
Built in 1907
-- sqft lot
$-- Zestimate®
$365/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: May 30, 2025 at 11:56am
Listed by:
Steve McKenna & The Home Advantage Team,
Gibson Sotheby's International Realty
Bought with:
Steve McKenna & The Home Advantage Team
Gibson Sotheby's International Realty
Source: MLS PIN,MLS#: 73348305
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas
Appliances
- Laundry: Washer Hookup
Features
- Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Office/Den
- Flooring: Vinyl, Carpet, Laminate, Hardwood
- Basement: Full,Interior Entry,Bulkhead,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,859
- Total interior livable area: 3,859 sqft
- Finished area above ground: 3,859
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive, Off Street, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters
- Waterfront features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach
Lot
- Size: 0.29 Acres
Details
- Parcel number: M:164.0 B:0003 L:0001,330605
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1907
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range, for Electric Oven, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Public School
Location
- Region: Arlington
HOA & financial
Other financial information
- Total actual rent: 8575
Other
Other facts
- Road surface type: Paved