$1,500,000

31-33 Acton St Arlington, MA 02476

$10,000
Closing credit¹
5 beds
5 full
3,859 sqft
0.3 acres
$389 / sqft
Multi-Family

Property details

About 31-33 Acton St

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.

Highlights

Home typeMulti Family
HeatingNatural Gas
StatusAccepting Backup Offers
(Contingent)
Size3,859 sqft
BasementYes
Lot size0.29 Acres
Year built1907
ParkingPaved Drive, Off Street, Paved
MLS #73348305
WaterfrontBeach, Lake Front

Summary

  • MLS Number: 73348305
  • MLS Name: MLS Property Information Network
  • Office Name: Gibson Sotheby's International Realty
  • Office Phone: (781) 648-3500
  • Listing Agent: Steve McKenna & The Home Advantage Team

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a porch and roof with shingles

$1,500,000

31-33 Acton St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,241,900$13,152
2023$1,153,900$12,935
2022$1,100,700$12,570
2021$1,100,700$12,482
2020$1,073,400$11,872
2019$1,008,700$11,358

History based on county public records data.

Nearby schools

8

Peirce

Public District KG-5

0.5 mi

85 Park Avenue Ext

8

Brackett

Public District KG-5

0.6 mi

66 Eastern Ave

7

Cyrus E Dallin

Public District KG-5

0.7 mi

185 Florence Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $77,043. The majority of Arlington, MA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
52%
35k-100k
24%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

61%
Single, No Kids
5%
Single, with Kids
19%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
20%
18-34 yrs old
48%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Skiing/snowboardingSkiing/snowboarding
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • NordstromNordstrom
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • California Pizza KitchenCalifornia Pizza Kitchen
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • MazdaMazda

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 31-33 Acton St in Arlington, MA and zip code 02476. This 3,859 square foot home, which was built in 1907, sits on a 0.29 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $1,500,000.

While more than 14 listings in Arlington, MA in March 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below. The number of homes for sale in Arlington, MA increased by 36.8% between February and March 2025. Listings spent 23 days on the market in March 2025, and had a median list price of $1,050,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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