Two-Family Home with Finished
167-169 Summer St Arlington, MA 02474
167-169 Summer St, Arlington, MA, 02474
$1,459,999
For Sale
$1,459,999
Two-unit residence offers open layouts with a finished basement and attic, providing flexible extra living space.
Property Size6,456 SF
Price / SF$226.15
Days on Market72
Property Features for 167-169 Summer St
General Information
- Standard status
- Active
- Size
- 6,456 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1948
Listing agency
eXp Realty
(617) 642-0152
Listed by
Devender Guhania
(617) 642-0152
Source
Lockandkeyre
Added: May 12 Updated: Jul 21 at 10:40PM Checked: Jul 21 at 10:40PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This two-family home features an open concept layout and multiple finished levels designed for flexible day-to-day use. The first-floor unit connects to a finished basement, extending usable space for options like recreation, additional storage, or an in-law setup. The second-floor unit offers a spacious open layout with direct access to a finished attic, including an additional bedroom plus a bonus sitting room or office.
Located at 167-169 Summer St, Arlington, MA 02474, the property is described as being in a highly convenient area close to public transportation.
With two separate units and finished space across both levels, the configuration supports a variety of living arrangements for owner-occupants and income-focused scenarios.
Located at 167-169 Summer St, Arlington, MA 02474, the property is described as being in a highly convenient area close to public transportation.
With two separate units and finished space across both levels, the configuration supports a variety of living arrangements for owner-occupants and income-focused scenarios.
Key Highlights
- Two‑family residence built in 1948 with open‑layout living spaces
- First‑floor unit connects to a finished basement for extended living, in‑law use, recreation room, or extra storage
- Second‑floor unit includes direct access to a finished attic with an additional bedroom plus a bonus sitting room or office
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $246.4k | $38.16 |
| − Vacancy | −$12.8k | −$1.98 |
| EGI | $233.6k | $36.18 |
| − OpEx | −$105.1k | −$16.28 |
| NOI | $128.5k | $19.90 |
6,456 SF · lease $38.16/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.95M
$1.71M – $2.28M
NOI $136,611 @ 7.0% cap · market cap 9.36%
Second Best
Apartment 5plus
$1.84M
$1.61M – $2.14M
NOI $128,453 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$3.82M
$3.34M – $4.46M
NOI $267,535 @ 7.0% cap · market cap 18.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit residence offers open layouts with a finished basement and attic, providing flexible extra living space.
Where is this duplex located?
The property is located at 167-169 Summer St Arlington, MA.
What is the asking price?
The asking price for this property is $1,459,999.
What are key features of this property?
This property features: Two‑family residence built in 1948 with open‑layout living spaces; First‑floor unit connects to a finished basement for extended living, in‑law use, recreation room, or extra storage; Second‑floor unit includes direct access to a finished attic with an additional bedroom plus a bonus sitting room or office
