MA
Middlesex
Arlington
02476
15-15A Jason St
15-15A Jason St, Arlington, MA 02476
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Listing Type
Multi Family
Listing Status
Active
12
$3,450,000

Home Details for 15-15A Jason St

Price
$3,450,000
Type
Residential Income
Bedrooms
12
Total Bathrooms
12
Full Bathrooms
12
Square feet
10450
Year built
1900
Lot size acres
0.16
County
Middlesex
Total rooms
36
Basement
Unfinished
Days on site
1
MLS Listing#
73512298
Property Description

Jason Arms is a 12-unit multi-family investment property located at 15 Jason Street in Arlington, MA. The three-story building contains twelve (12) 1-Bedroom/1-Bathroom units with 10,450 square feet of gross living area in 14,696 square feet of gross area. It is situated upon a 0.16-acre parcel and features three off-street parking spaces. Jason Arms has been meticulously maintained and family owned for over two decades. The property features recent capital improvements including a new, gas fired boiler (2020), a new, hot water system (2022) and new electrical panels featuring circuit breakers in all units. Jason Arms, while positioned at an attractive cap rate upon acquisition, offers incredible upside for the incoming owner. Six (6) of the Twelve (12) units feature large, 1 Bedroom ++ style units. The opportunity exists to create either 2 Bedroom or 3 Bedroom units in half of the building. Amenities for tenants include off-street parking, on-site laundry and basement storage.

Property Features
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: Horvath & Tremblay - 781-776-4000
Presented by: Kelleher - Pentore Team
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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