Pristine Two Family...Amazing Location...Incredible Development Opportunity. Attention Homeowners, Builders, and Investors: This well-maintained two family in Arlington Heights currently has two units, each with 2 BR/1 BA, with unfinished basement & attic. Immaculate craftsmanship is evident throughout the home, with custom woodwork and hardwood floors enhancing every room. Well landscaped lot has ample space in rear, with meticulously maintained garden and large parking area. Fantastic Arlington Heights location that is steps to public transportation, restaurants, Trader Joes, Starbucks, bike path, and more. There are several potential development opportunities to consider, including converting existing units into condos, large expansion to take advantage of allowable GFA on lot, or conversion to a one family. Offers above $1.25M submitted by 4pm on 4/6/25 to be considered on 4/7.
This home has been viewed 6 times
Last Updated: March 31st, 2025 at 4:28am
Gross Income: $33,540
Gross Expenses: $10,684
Net Income Calc: $22,856
CAP Rate: 1.83%
Annual Expenses for 62 Paul Revere Rd, Arlington MA 02476
Total Gross Expenses (Calculated)$10,684/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$10,684
Annual Income & Unit Breakdown for 62 Paul Revere Rd, Arlington MA 02476
Total Gross Income (Calculated)$33,540
Unit 1
Rental Income0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income2795
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 62 Paul Revere Rd, Arlington MA 02476
Listing ID73350451
Property TypeMulti Family / 2 Family
Price$1,250,000 ($511.88/SqFt)
Style
CityArlington
CountyMiddlesex
MLS AreaArlington Heights
Neighborhood(s)
Approximate Living Area Total2,442 SqFt
Approximate Lot Size (Acres)0.15 acres
Total Parking4
Garage Parking
Year Built1924
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesSloped
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 62 Paul Revere Rd, Arlington MA 02476
Disclosures for 62 Paul Revere Rd, Arlington MA 02476
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure1st and 2nd floor, including enclosed porches
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$33,540
Total Net Income By Broker$33,540
For Sale By OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 62 Paul Revere Rd, Arlington MA 02476
Elementary SchoolDallin Elem
Middle SchoolOttoson Middle
High SchoolArlington High
Neighborhood(s)
MLS AreaArlington Heights
Area Amenities
Contact Information for 62 Paul Revere Rd, Arlington MA 02476