71-73 Newport Street Arlington — Photo 1 of 41
$1,345,000
Investment Analysis — 71-73 Newport Street
Arlington, MA 02476
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02476 carries an estimated $6,000/mo in gross rent — about a 3.10% cap rate and $41,671/yr in estimated NOI at the $1,345,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2.5
SqFt
3,210
Style
2 Family - 2 Units Up/Down
Built
1916
This cherished classic two-family has been lovingly owned by the same family for over 50 years. Original, preserved gumwood moulding runs throughout, complemented by high ceilings and incredibly bright rooms. First & second floor units each offer 2BR/1BA, large living & dining rooms w/ china cabinet, sunroom/office, and kitchen w/ granite. Beautiful hardwood floors run throughout — preserved beneath the 1st floor carpet and ready to be uncovered. Upper unit adds a 3rd level with 2 more BRs (1 w/ mini-split), 1/2 bath & family room. Enclosed back porches, a sweet, level backyard, and basement storage offer extra space to relax, play, or stash your gear. New windows on the 2nd and 3rd floors, both heating systems replaced about 4 years ago. Two garage spaces + extra parking. A wonderful opportunity for owner-occupants, multi-generational families, or investors seeking rental income. Nestled in a friendly neighborhood where block parties are still a thing, just steps to the serene Menotomy Rocks Park and Robbins Farm/Skyline Park, convenient to Mass Ave, and in the district for the award-winning Brackett School. A true Arlington gem!
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Highway Access • Public School
Geography
Listing Agent: Carol Curcio
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73568501
