Three-Unit Residential Income
47 Park Ave Ext Arlington, MA 02474
For Sale
$1,549,000
Pristine brick triplex with two leased multi-bedroom units and a rented one-bedroom in-law apartment.
Days on Market75
Property Features for 47 Park Ave Ext
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1930
Listing Agency:
EDGE Realty Advisors
(617) 620-5278
Listed By:
Matt Gorman
(617) 620-5278
Source:
Elliman
Added: May 15
Changed: Jul 21
Last Checked: Jul 28 at 10:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EDGE Realty Advisors
Investment Insights
Based on property information with market context.
Pristine brick three-unit residential income property in a triplex configuration. The first and second floor units each feature three bedrooms with spacious, sun-filled kitchens, large formal dining and living rooms, hardwood floors, original gumwood trim, and fireplaces. The second-floor unit also includes a front sunroom. The third-floor level provides a one-bedroom in-law apartment that is currently rented in conjunction with the second-floor unit.
The property includes a large off-street parking area, a private backyard, and a full walkout basement with high 9-foot ceilings, providing substantial storage and potential for future use. Unit 1 is certified lead-safe. Both first- and second-floor units are leased through August 31, 2027.
With its off-street parking, private outdoor space, and high-ceiling walkout basement, the home offers a well-established income layout across all three levels.
The property includes a large off-street parking area, a private backyard, and a full walkout basement with high 9-foot ceilings, providing substantial storage and potential for future use. Unit 1 is certified lead-safe. Both first- and second-floor units are leased through August 31, 2027.
With its off-street parking, private outdoor space, and high-ceiling walkout basement, the home offers a well-established income layout across all three levels.
Key Highlights
- Brick multifamily triplex built in 1930 with three leased units: two multi‑bedroom units plus a rented 1‑bedroom in‑law apartment
- Units 1 and 2 each feature 3 bedrooms, spacious sun‑filled kitchens, large formal dining and living rooms, hardwood floors, original gumwood trim, and fireplaces
- Second‑floor unit includes a front sunroom; third floor has a 1‑bedroom in‑law apartment rented in conjunction with the second‑floor unit
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Pristine brick triplex with two leased multi-bedroom units and a rented one-bedroom in-law apartment.
Where is this triplex located?
The property is located at 47 Park Ave Ext Arlington, MA.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: Brick multifamily triplex built in 1930 with three leased units: two multi‑bedroom units plus a rented 1‑bedroom in‑law apartment; Units 1 and 2 each feature 3 bedrooms, spacious sun‑filled kitchens, large formal dining and living rooms, hardwood floors, original gumwood trim, and fireplaces; Second‑floor unit includes a front sunroom; third floor has a 1‑bedroom in‑law apartment rented in conjunction with the second‑floor unit