47 Park Ave Ext Arlington, MA 02474

Building Details

Year Built

1930

Listing agency EDGE Realty Advisors Show Phone

Listed by Matt Gorman Show Phone

Source Elliman

Added: May 15 Updated: Jul 21 at 3:29PM Checked: Jul 21 at 3:29PM

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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.

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

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FAQs

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