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3 Days on market
55-57 Maynard St Arlington — Photo 1 of 42

55-57 Maynard St Arlington — Photo 1 of 42

$1,199,000

Investment Analysis — 55-57 Maynard St

Arlington, MA 02474

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02474 carries an estimated $6,820/mo in gross rent — about a 4.23% cap rate and $50,700/yr in estimated NOI at the $1,199,000 list price. Adjust every assumption in the calculator below.

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Beds

5

Baths

2

SqFt

2,553

Style

2 Family - 2 Units Up/Down

Built

1923

Well maintained 2 family located on a lovely tree lined street just one block from the Mystic River offers wonderful expansion potential. The property features a 2 car garage and double wide driveway offering plenty of parking. Unit 1: 2 bedrooms 1 bath, renovated kitchen, inviting living room, formal dining room with built in hutch and a back porch. Unit 2: has 2 levels, 3 bedrooms, 1 bath, renovated kitchen, living room with window seats, formal dining room, sitting room, enclosed front porch and back porch. The front to back heated 3rd floor provides 2 additional rooms. Both units offer separate systems, updated eat-in-kitchens w quartz counters and SS appliances. hardwood floors, original gumwood, wood accents and back porches overlooking a fenced yard. Walking distance to public transportation and the Commuter Rail, Arlington Center, West Medford Square, parks, conservation land and major routes. Offers if any will be reviewed Monday by 1 PM. Please allow 24 hours for responses.

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 MLS and other third-party data may be inaccurate or out of date.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

Open Houses

Property Details

Financials

Original Price$1,199,000
Annual Taxes$11,498

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms13
FireplacesNone
FlooringTile, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingSteam, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR2

Property & Lot

Acres0.12
SqFt Lot5,070
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Conservation Area • House of Worship

Geography

Listing Provided By

Listing Agent: Mary Murray

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73574194