Historic Two-Family
New
For Sale
$1,700,000
84-86 Bartlett Ave, Arlington, MA 02476
Two side-by-side residences offer finished living space across multiple levels, plus separate walk-out basements.
Property Size3,304 SF
Lot Size0.20 Acres
Days on Market3
Property Features for 84-86 Bartlett Ave
General Information
Standard status
Active
Size
3,304 SF
Total Parking Spaces
6
Lot size
0.20 Acres
Property subtype
Multifamily
Property Condition
Severity
Repairs Needed
Evidence
in need of considerable upgrades
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$17,175
Amenities
porch
deck
Building Details
Building Size
3,304 SF
Year Built
1895
Buildings
1
Construction
Shingle Style
Listing Agency:
Leading Edge Real Estate
Listed By:
Judy Weinberg
(617) 930-8154
Source:
Classifiedrealtygroup
Added: Oct 16
Last Checked: Oct 16 at 2:33PM
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 Leading Edge Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1895, this Shingle-style duplex contains two side-by-side residences, each with three finished levels and an unfinished walk-out basement with 8'10" ceilings. Period elements in the right-hand unit include exposed brick, bow windows, detailed millwork and high ceilings. Its kitchen was redesigned in 2004, and a dining-room door opens onto a rear deck. The left-hand unit has served as a rental and requires substantial upgrades, including removal of knob-and-tube wiring.
The property occupies an 8,760-square-foot lot with mature shade trees and planted areas. Menotomy Rocks Park is three blocks away, and Arlington Center is a half-mile away. Updates include a 2011 electrical panel, a 2019 water heater and a Burnham steam boiler approximately eight years old. The roof is 19 years old, and the exterior shingles were painted about five years ago.
The property occupies an 8,760-square-foot lot with mature shade trees and planted areas. Menotomy Rocks Park is three blocks away, and Arlington Center is a half-mile away. Updates include a 2011 electrical panel, a 2019 water heater and a Burnham steam boiler approximately eight years old. The roof is 19 years old, and the exterior shingles were painted about five years ago.
Key Highlights
- Two side‑by‑side residences, each with three finished levels
- 1895 Shingle‑style duplex on an 8,760‑square‑foot lot
- Unfinished walk‑out basements with 8'10" ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,914
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,398,280
$1.4M
Cap Rate 7%
$998,771
$998.8K
Cap Rate 9%
$776,822
$776.8K
Market Conditions
NOI Build-Up for 3,304 SF
Gross rent
$105.1K $31.80/SF
− Vacancy
−$5.2K −$1.57/SF
EGI
$99.9K $30.23/SF
− OpEx
−$30.0K −$9.07/SF
NOI
$69.9K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,398,280
Cap Rate 7%
$998,771
Cap Rate 9%
$776,822
Alternative Uses
Best Use
Multifamily LT 5
$998.8K
$873.9K – $1.17M
NOI $69,914 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$939.1K
$821.7K – $1.10M
NOI $65,738 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,917 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
Explore this area
Business Placement
Demographics for 02476, MA
17,757
Population
8,058
Households
2.2
Avg Household Size
44
Median Age
75%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
8,456
Density / Sq Mi
$145,150
Median Household Income
$91,600
Median Earnings
$1,823
Median Rent
$882,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two side-by-side residences offer finished living space across multiple levels, plus separate walk-out basements.
Where is this duplex located?
The property is located at 84-86 Bartlett Ave Arlington, MA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two side‑by‑side residences, each with three finished levels; 1895 Shingle‑style duplex on an 8,760‑square‑foot lot; Unfinished walk‑out basements with 8'10" ceilings
