Located in the heart of Arlington Heights, this charming five-family home offers a rare investment opportunity. Consisting of five one-bedroom units and a history of long-standing tenants, this property boasts strong and stable rental income. Grandfathered as a legal five-family home, it provides unique investment security. Meticulously maintained and owned by the same dedicated owner for over 60 years, this residence has stood the test of time. Its prime location, coupled with the reliability of long-term tenants, makes this property an exceptional addition to any investor’s portfolio. Recent upgrades include newer heating systems, hot water tanks, and updated electrical systems, with rents covering both heat and hot water. All tenants are eager to stay, ensuring continued stability and income potential for the future owner. Seller welcomes offers with requests for buyer concessions.
Property Features
Basement
Full
Interior Entry
Concrete
Unfinished
Parking
Paved
Off Street
Waterfront and Water Access
Beach Front
Heating Information
Natural Gas
Water Features
Public
School Information
School Information for 31-33 Acton St, Arlington, MA 02476
Elementary School
Dallin/Brackett
Middle School
Gibbs/Ottoson
High School
Arlington High
Listing Courtesy: Gibson Sotheby's International Realty - 781-648-3500
Presented by: Steve McKenna & The Home Advantage Team