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40 Palmer Street Arlington. MA 02474

$1,650,000

Multi Family

10 Bedrooms

4 Bathrooms

4,622 sq ft

5 Parking Spots

0.14 Acres

Built in 1900

PRIDE OF OWNERSHIP SHOWS IN THIS MASSIVE MULTI FAMILY HOME CONVENIENTLY LOCATED IN ARLINGTON CENTER CLOSE TO ALEWIFE, MYSTIC LAKES, SHOPS & RESTAURANTS, MINUTEMAN BIKE TRAIL AND TUFTS UNIVERSITY . Owned for over 50 years by the same family, this house is perfect use for an owner occupant looking to offset mortgage costs or the savvy investor who wants to renovate and flip. The owner's unit is a 3 level townhouse with elegant foyer, eat in kitchen, front to back living room and half bath. The upper level has 3 beds, all with generous size closets and a full bath with tile surround with an additional bedroom on the 3rd floor and full bath at one time used as a 5th unit studio. The rental units have separate front and back entrances, newer baths and functional kitchens. Large lot with mature plantings and exterior decks with a 1 car stone garage and off street parking for 4-6 cars. Don't miss this opportunity to own in Vibrant Arlington Center!!

This listing has been viewed 5 times in the past 207 days

Last Updated: May 7th, 2024 at 12:21am

General Information for 40 Palmer Street, Arlington, Massachusetts 02474

Property TypeResidential Income

Property Sub TypeMulti Family

Price$1,650,000

Price per sqft$356.99

MLS #73033043

Handicap Access / FeaturesNo

List Date2022-09-07

Special Listing Conditions

StateMassachusetts

Street NamePalmer Street

CityArlington

Zip Code02474

CountyMiddlesex

MLS Status

Covered Parking Spaces1

Heating Y/NNo

Heating System

Heat Zones

Sold Date

Property Sub TypeMulti Family

Building Area SourcePublic Records

Building Area Total4622

Building Area Units0

CarportNo

Close Date

Close Price$0

Covered Parking Spaces1

Listing Service

UnparsedAddress40 Palmer Street, Arlington MA 02474

Zoning

Interior Features for 40 Palmer Street, Arlington, Massachusetts 02474

* Approx. Living Area Total4,622 sq ft

Living Area Includes BasementNo

Bedrooms10

* # Fireplaces1

Bathrooms (Total)4

Full Baths4

* # Half Baths0

* # Rooms

Basement

Heating System

Appliances

Electric

Living Area Disclosure

Living Area Includes BasementNo

Door Features

ElectricNo

Electric$0

MLS Area (Major)East Arlington

MLSPIN_BEDRMS_14

MLSPIN_BEDRMS_21

MLSPIN_BEDRMS_32

MLSPIN_BEDRMS_41

MLSPIN_FLRS_1

MLSPIN_FLRS_2

MLSPIN_FLRS_3

MLSPIN_FLRS_4

MLSPIN_F_BTHS_12

MLSPIN_F_BTHS_21

MLSPIN_F_BTHS_3

MLSPIN_F_BTHS_41

MLSPIN_GRE$0

MLSPIN_HTE$0

MLSPIN_H_BTHS_11

MLSPIN_H_BTHS_20

MLSPIN_H_BTHS_3

MLSPIN_H_BTHS_40

OffMarketDate28/02/2023

Exterior Features for 40 Palmer Street, Arlington, Massachusetts 02474

* Approximate Lot Size0.14 acres

Covered Parking Spaces1

Lot FeaturesCorner Lot, Level

* Parking Spaces5

* Sewer Utilities

* Water Utilities

* Year Built1900

Year Built Details

Year Built SourcePublic Records

Construction MaterialsFrame

Exterior Features

Foundation Area

Foundation MaterialsStone

Approx. Street Frontage

Horse PermittedNo

Horse Amenities

Parking Features

Utilities

Lot Size (Square Feet)5,911 Sqft

Disclosures for 40 Palmer Street, Arlington, Massachusetts 02474

Buyer Agent Compensation2

Contingency

Financing

Disclosures

Documents Available

Exclusions

MLSPIN_COMP_BASED_ONNet Sale Price

MLSPIN_COOP_COMP

MLSPIN_DISCLOSUREN

Lead PaintUnknown

Living Area Disclosure

Living Area Includes BasementNo

Facilitator Compensation2

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 40 Palmer Street, Arlington, Massachusetts 02474

Assessed Value

Real Estate Tax$0

Tax Year

Financial Data Source

Gross Income$61,200

Insurance Expense$0

MLSPIN_LEASE_1

MLSPIN_LEASE_2

MLSPIN_LEASE_3

MLSPIN_LEASE_4

MLSPIN_LEVELS_13

MLSPIN_LEVELS_21

MLSPIN_LEVELS_3

MLSPIN_LEVELS_41

MLSPIN_MGF$0

MLSPIN_MSE$0

MLSPIN_RENT10

MLSPIN_RENT21650

MLSPIN_RENT31700

MLSPIN_RENT41650

MLSPIN_RFS$0

MLSPIN_RME$0

MLSPIN_SOLD_PRICE_PER_SQFT$0

NetOperatingIncome$61,200

OperatingExpense$0

OriginalListPrice$1,795,000

RENT_FEE_INCLUDES

TOTAL_RENT5000

WaterSewerExpense$0

Lifestyle Information for 40 Palmer Street, Arlington, Massachusetts 02474

FireplaceYNNo

Frontage Type

GarageYNNo

Waterview

Pool Features

Waterfront Features

Location information for 40 Palmer Street, Arlington, Massachusetts 02474

Elementary School

Middle School

High School

NumberOfUnitsTotal4

Marketing History for 40 Palmer Street, Arlington, Massachusetts 02474

MLSPIN_MARKET_TIME_BROKER140

MLSPIN_MARKET_TIME_PROPERTY140

PurchaseContractDate

Agent Information for 40 Palmer Street, Arlington, Massachusetts 02474

Agent MLS IDCT004793

Office MLS IDBB9254

Buyer Agent MLS ID

Buyer Office MLS ID

Team Members

Payment Calculator

, Interest

Property Taxes $0

Principal & Interest 10166.78

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Steven Musto

Insight Realty Group, Inc.

Agent Phone

(617) 892-5888

Office Phone

(617) 323-2300

Text Agent Call Agent Call Office

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    [field_3307] => 1
    [field_3308] => 1
    [field_3309] => 2
    [field_3310] => 3
    [field_3226] => 5911
)

Array
(
    [property_type] => Array
        (
            [field_id] => 3
            [type] => property_types
            [name] => Property Type
            [value] => Residential Income
        )

[field_3236] => Array
        (
            [field_id] => 3236
            [type] => select
            [name] => PropertySubType
            [value] => 4 Family
        )

[listing] => Array
        (
            [field_id] => 2
            [type] => listings
            [name] => Listing Type
            [value] => For Sale
        )

[field_3176] => Array
        (
            [field_id] => 3176
            [type] => number
            [name] => Full Bathrooms
            [value] => 4
        )

[field_3175] => Array
        (
            [field_id] => 3175
            [type] => select
            [name] => Status
            [value] => Expired
        )

[field_3299] => Array
        (
            [field_id] => 3299
            [type] => select
            [name] => Property Category
            [value] => Multi Family
        )

[field_3298] => Array
        (
            [field_id] => 3298
            [type] => select
            [name] => Property Type
            [value] => Multi Family
        )

[field_3300] => Array
        (
            [field_id] => 3300
            [type] => select
            [name] => C_Style
            [value] => 4 Family
        )

[field_55] => Array
        (
            [field_id] => 55
            [type] => number
            [name] => Floor Number
            [value] => 0
        )

[googlemap_ln] => Array
        (
            [field_id] => 51
            [type] => text
            [name] => Longitude
            [value] => W72° 51' 10.3'' 
        )

[googlemap_lt] => Array
        (
            [field_id] => 52
            [type] => text
            [name] => Latitude
            [value] => N42° 24' 47.8'' 
        )

[field_2111] => Array
        (
            [field_id] => 2111
            [type] => text
            [name] => Office Name
            [value] => Insight Realty Group, Inc.
        )

[field_3000] => Array
        (
            [field_id] => 3000
            [type] => text
            [name] => Agent MLSID
            [value] => CT004793
        )

[field_3045] => Array
        (
            [field_id] => 3045
            [type] => price
            [name] => HOA_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3056] => Array
        (
            [field_id] => 3056
            [type] => price
            [name] => ClosePrice
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3058] => Array
        (
            [field_id] => 3058
            [type] => select
            [name] => COMP_BASED_ON
            [value] => Net Sale Price
        )

[field_3069] => Array
        (
            [field_id] => 3069
            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 356.99
            [unit_id] => 260
            [value] => $357
            [price_only] => $357
        )

[field_3071] => Array
        (
            [field_id] => 3071
            [type] => number
            [name] => MARKET_TIME_BROKER
            [value] => 140
        )

[field_3072] => Array
        (
            [field_id] => 3072
            [type] => number
            [name] => MARKET_TIME_BROKER_PREV
            [value] => 0
        )

[field_3074] => Array
        (
            [field_id] => 3074
            [type] => text
            [name] => AREA
            [value] => East Arlington
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 01/03/2023 08:06:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 40
        )

[field_3098] => Array
        (
            [field_id] => 3098
            [type] => text
            [name] => TransactionBrokerCompensation
            [value] => 2
        )

[field_3105] => Array
        (
            [field_id] => 3105
            [type] => select
            [name] => APOD_AVAILABLE
            [value] => No
        )

[field_3109] => Array
        (
            [field_id] => 3109
            [type] => number
            [name] => FIRE_PLACES
            [value] => 1
        )

[field_3113] => Array
        (
            [field_id] => 3113
            [type] => select
            [name] => LEASE_1
            [value] => N
        )

[field_3114] => Array
        (
            [field_id] => 3114
            [type] => select
            [name] => LEASE_2
            [value] => N
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 61200
            [unit_id] => 260
            [value] => $61,200
            [price_only] => $61,200
        )

[field_3119] => Array
        (
            [field_id] => 3119
            [type] => number
            [name] => RENT1
            [value] => 0
        )

[field_3120] => Array
        (
            [field_id] => 3120
            [type] => number
            [name] => NO_UNITS
            [value] => 4
        )

[field_3121] => Array
        (
            [field_id] => 3121
            [type] => number
            [name] => RENT2
            [value] => 1650
        )

[field_3122] => Array
        (
            [field_id] => 3122
            [type] => number
            [name] => RENT3
            [value] => 1700
        )

[field_3123] => Array
        (
            [field_id] => 3123
            [type] => number
            [name] => RENT4
            [value] => 1650
        )

[field_3126] => Array
        (
            [field_id] => 3126
            [type] => number
            [name] => TOTAL_RENT
            [value] => 5000
        )

[field_3134] => Array
        (
            [field_id] => 3134
            [type] => select
            [name] => SQUARE_FEET_INCL_BASE
            [value] => No
        )

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 617-323-2300
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 617-892-5888
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3182] => Array
        (
            [field_id] => 3182
            [type] => select
            [name] => BuildingAreaSource
            [value] => Public Records
        )

[field_3183] => Array
        (
            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
            [value] => 4622
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[field_3185] => Array
        (
            [field_id] => 3185
            [type] => text
            [name] => BuyerAgencyCompensation
            [value] => 2
        )

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[f_3190] => Array
        (
            [field_id] => 3190
            [type] => feature
            [name] => ConstructionMaterials
            [values] => Array
                (
                    [0] => Frame
                )

)

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 5
        )

[field_3193] => Array
        (
            [field_id] => 3193
            [type] => number
            [name] => CoveredSpaces
            [value] => 1
        )

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[field_3208] => Array
        (
            [field_id] => 3208
            [type] => select
            [name] => FireplaceYN
            [value] => 1
        )

[field_3209] => Array
        (
            [field_id] => 3209
            [type] => text
            [name] => FoundationDetails
            [value] => Stone
        )

[field_3211] => Array
        (
            [field_id] => 3211
            [type] => number
            [name] => GarageSpaces
            [value] => 1
        )

[field_3212] => Array
        (
            [field_id] => 3212
            [type] => select
            [name] => GarageYN
            [value] => 1
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 61200
            [unit_id] => 260
            [value] => $61,200
            [price_only] => $61,200
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 07/09/2022
        )

[f_3225] => Array
        (
            [field_id] => 3225
            [type] => feature
            [name] => LotFeatures
            [values] => Array
                (
                    [0] => Level
                    [1] => Corner Lot
                )

)

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 5,911 Sqft
            [raw] => 5911
            [unit_id] => 1
        )

[field_3229] => Array
        (
            [field_id] => 3229
            [type] => date
            [name] => OffMarketDate
            [value] => 28/02/2023
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 1795000
            [unit_id] => 260
            [value] => $1,795,000
            [price_only] => $1,795,000
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 40 Palmer Street, Arlington MA 02474
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3243] => Array
        (
            [field_id] => 3243
            [type] => text
            [name] => YearBuiltDetails
            [value] => Actual
        )

[field_3245] => Array
        (
            [field_id] => 3245
            [type] => text
            [name] => YearBuiltSource
            [value] => Public Records
        )

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 07/09/2022 12:14:00
        )

[field_3253] => Array
        (
            [field_id] => 3253
            [type] => number
            [name] => MLSPIN_BEDRMS_1
            [value] => 4
        )

[field_3254] => Array
        (
            [field_id] => 3254
            [type] => number
            [name] => MLSPIN_BEDRMS_2
            [value] => 1
        )

[field_3255] => Array
        (
            [field_id] => 3255
            [type] => number
            [name] => MLSPIN_BEDRMS_3
            [value] => 2
        )

[field_3256] => Array
        (
            [field_id] => 3256
            [type] => number
            [name] => MLSPIN_BEDRMS_4
            [value] => 1
        )

[field_3260] => Array
        (
            [field_id] => 3260
            [type] => text
            [name] => MLSPIN_DISCLOSURE
            [value] => N
        )

[field_3261] => Array
        (
            [field_id] => 3261
            [type] => number
            [name] => MLSPIN_F_BTHS_1
            [value] => 2
        )

[field_3262] => Array
        (
            [field_id] => 3262
            [type] => number
            [name] => MLSPIN_F_BTHS_2
            [value] => 1
        )

[field_3264] => Array
        (
            [field_id] => 3264
            [type] => number
            [name] => MLSPIN_F_BTHS_4
            [value] => 1
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3267] => Array
        (
            [field_id] => 3267
            [type] => number
            [name] => MLSPIN_H_BTHS_1
            [value] => 1
        )

[field_3268] => Array
        (
            [field_id] => 3268
            [type] => number
            [name] => MLSPIN_H_BTHS_2
            [value] => 0
        )

[field_3270] => Array
        (
            [field_id] => 3270
            [type] => number
            [name] => MLSPIN_H_BTHS_4
            [value] => 0
        )

[field_3272] => Array
        (
            [field_id] => 3272
            [type] => text
            [name] => MLSPIN_LEAD_PAINT
            [value] => Unknown
        )

[field_3273] => Array
        (
            [field_id] => 3273
            [type] => number
            [name] => MLSPIN_LEVELS_1
            [value] => 3
        )

[field_3274] => Array
        (
            [field_id] => 3274
            [type] => number
            [name] => MLSPIN_LEVELS_2
            [value] => 1
        )

[field_3276] => Array
        (
            [field_id] => 3276
            [type] => number
            [name] => MLSPIN_LEVELS_4
            [value] => 1
        )

[field_3277] => Array
        (
            [field_id] => 3277
            [type] => text
            [name] => MLSPIN_MAIN_LO
            [value] => BB9254
        )

[field_3280] => Array
        (
            [field_id] => 3280
            [type] => number
            [name] => MLSPIN_MARKET_TIME_PROPERTY
            [value] => 140
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3284] => Array
        (
            [field_id] => 3284
            [type] => number
            [name] => MLSPIN_OH_FLAG
            [value] => 1
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 356.99
            [unit_id] => 260
            [value] => $357
            [price_only] => $357
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3295] => Array
        (
            [field_id] => 3295
            [type] => select
            [name] => MLSPIN_WATERVIEW_FLAG
            [value] => No
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3307] => Array
        (
            [field_id] => 3307
            [type] => number
            [name] => MLSPIN_FLRS_1
            [value] => 1
        )

[field_3308] => Array
        (
            [field_id] => 3308
            [type] => number
            [name] => MLSPIN_FLRS_2
            [value] => 1
        )

[field_3309] => Array
        (
            [field_id] => 3309
            [type] => number
            [name] => MLSPIN_FLRS_3
            [value] => 2
        )

[field_3310] => Array
        (
            [field_id] => 3310
            [type] => number
            [name] => MLSPIN_FLRS_4
            [value] => 3
        )

)

EXIT

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Expired

40 Palmer Street Arlington. MA 02474

$1,650,000

General Information for 40 Palmer Street, Arlington, Massachusetts 02474

Interior Features for 40 Palmer Street, Arlington, Massachusetts 02474

Exterior Features for 40 Palmer Street, Arlington, Massachusetts 02474

Disclosures for 40 Palmer Street, Arlington, Massachusetts 02474

Financial Information for 40 Palmer Street, Arlington, Massachusetts 02474

Lifestyle Information for 40 Palmer Street, Arlington, Massachusetts 02474

Location information for 40 Palmer Street, Arlington, Massachusetts 02474

Marketing History for 40 Palmer Street, Arlington, Massachusetts 02474

Agent Information for 40 Palmer Street, Arlington, Massachusetts 02474

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Exclusive Listing Agent

Steven Musto

Insight Realty Group, Inc.