Active
87 Days on market
1205 Massachusetts Ave Arlington — Photo 1 of 32

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,299,000
Annual Taxes$11,437

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms13
FireplacesNone
FlooringWood, Tile, Hardwood
BasementInterior Entry, Unfinished

Climate & Utilities

HeatingBaseboard, Electric, Hot Water
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone
RoofShingle, Rubber
FoundationBlock, Stone
ZoningB2

Property & Lot

Acres0.12
SqFt Lot5,197
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Property History

Expired
$1,599,900

Jun 30, 2026

MLS® 73460097

Listed
$1,299,000

Jun 17, 2026

MLS® 73537534

Listed
$1,299,000

May 22, 2026

MLS® 73522840

Listed
$1,599,900

Dec 5, 2025

MLS® 73460097

Expired
$1,599,900

Nov 30, 2025

MLS® 73335249

Listed
$1,599,900

Feb 14, 2025

MLS® 73335249

Listing Provided By

Listing Agent: Steve Mckenna & The Home Advantage Team

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73537534