Investors/Contractors/Developers note: your next project awaits! Classic 7/5 two family on over 12K+ sf of level land in a top commuter location, 181 Summer Street boasts a number of quality upgrades, a strong rental history, and expansion/conversion potential galore. 2018 3rd-floor shed dormer added two spacious bedrooms and room for a future third full bathroom. Improvements over past 10 years include new roof, two new heating/central air systems, replacement Harvey windows, rebuilt front porch and stairs, and a new tile bathroom (Unit 2). Each unit features hardwood floors and ceramic tile baths. Lower level is partially finished with 2 separate laundry areas and a bonus half bath; new gas water heater 2024 (Unit 1). Property abuts conservation land. Conveniently located on the Turkey Hill bus line to Alewife, just a few short blocks to vibrant Mass Avenue, public tennis/pickle ball courts, Bishop School, and the popular Minuteman Bikeway. Shown by appointment.
Discover the perfect investment opportunity with this exceptional Victorian-style mixed-use building in the heart of Arlington Center. Meticulously maintained, this property is ideal for an end user, investor, or developer, offering a blend of timeless charm and modern updates. It features three spacious and recently renovated residential units with open floor plans, updated kitchens, and modern bathrooms, making them ideal for rental income or condo conversion. Additionally, a private 2-room office suite with a separate entrance and private bath is perfect for professionals or small business use. The grand first-floor entryway welcomes you into a beautifully updated 2-bedroom apartment with over five rooms, while the lower level offers untapped potential for expansion or additional functionality. At the rear of the property, a parking area and oversized barn provide ample storage and exciting renovation opportunities. Seller may offer some form of concessions or compensation.
Arlington is located in Massachusetts. Arlington, Massachusetts has a population of 46,045. Arlington is more family-centric than the surrounding county with 40.52% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Arlington, Massachusetts is $125,701. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Arlington is 39.7 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 48.2 inches per year, with 52.6 inches of snow per year.
