aisellshomes.space

$12,000,000

Active

202 Massachusetts Ave

Arlington, MA, 02474

Commercial · MLS #73553935

Days on market

8 days

Lot size

0.55 ac

0.55 acres

Lot

About this home

Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49–55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION **the property was offered under listing 73546199

Location

202 Massachusetts Ave, Arlington, MA, 02474

Property details

Parking
Paved Driveway

Listed by Carl Christie · Carl Christie

Schedule a showing

202 Massachusetts Ave

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$78,692 / month

Down payment20% · $2,400,000
Interest rate6.66%

Loan term

Principal & interest
$61,692
Property tax
$12,000
Home insurance
$5,000

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).