
1205 Massachusetts Ave Arlington — Photo 1 of 32
$1,299,000
Investment Analysis — 1205 Massachusetts Ave
Arlington, MA 02476
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02476 carries an estimated $7,840/mo in gross rent — about a 4.62% cap rate and $60,064/yr in estimated NOI at the $1,299,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5
SqFt
5,337
Style
3 Family
Built
1940
Claim your spot on highly coveted Mass. Ave. with this mixed-use property set in a prime location for both residents and business owners alike. Take advantage of this investment opportunity and bring your vision to life, with three residential units and four commercial spaces creating an abundance of possibilities for its new owner. The main level features a two-bedroom apartment, a small office space and a retail space with its own entrance, formerly used as a salon. Upstairs, there is a three-bedroom, two-floor apartment, and the third apartment is a one-bedroom basement unit. At the rear of the property is a massive, detached garage, appealing to those in a range of industries, such as automotive, fitness and the arts, both in the main bay but also in the upstairs office and storage space. Other perks of this unbeatable location include high visibility, multiple nearby bus stops and easy access to the Minuteman Commuter Bikeway. Properties like this do not come around very often!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Property History
$1,599,900
Jun 30, 2026
MLS® 73460097
$1,299,000
Jun 17, 2026
MLS® 73537534
$1,299,000
May 22, 2026
MLS® 73522840
$1,599,900
Dec 5, 2025
MLS® 73460097
$1,599,900
Nov 30, 2025
MLS® 73335249
$1,599,900
Feb 14, 2025
MLS® 73335249
Listing Agent: Steve Mckenna & The Home Advantage Team
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73537534
