Two-Unit Residential Income
98 Harlow Street Arlington, MA 02474
For Sale
$1,350,000
Duplex-style property includes two separate units, each with multiple bedrooms and living spaces, delivered vacant.
Property Size3,172 SF
Price / SF$425.60
Days on Market106
Property Features for 98 Harlow Street
General Information
- Standard status
- Active
- Size
- 3,172 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1916
Listing Agency:
Bradley Realty LLC
(617) 799-6142
Listed By:
Jay Bradley · License #9571469
(617) 799-6142
Source:
Compass
Added: Apr 9
Changed: Jul 23
Last Checked: Jul 23 at 4:25AM
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 Bradley Realty LLC
Investment Insights
Based on property information with market context.
This duplex-style residential income property includes two separate units. The first-floor unit features three bedrooms and two full baths, with large kitchen, dining, and living areas. The second-floor unit offers three bedrooms and one full bath, along with generous kitchen, dining, and living spaces. The property also includes a slate roof, newer heating, and a detached two-car garage.
The home is located on a quiet street in East Arlington, with access to Mass Ave, the Minuteman Bike Path, Alewife T-Station, Spy Pond, and Arlington Center.
The property is delivered vacant and includes additional potential with a full walk-up third-floor attic.
The home is located on a quiet street in East Arlington, with access to Mass Ave, the Minuteman Bike Path, Alewife T-Station, Spy Pond, and Arlington Center.
The property is delivered vacant and includes additional potential with a full walk-up third-floor attic.
Key Highlights
- Duplex‑style property with two separate units, each with multiple bedrooms and living space, delivered vacant
- 1st floor unit: 3 bedrooms and 2 full baths with large kitchen, dining, and living areas
- 2nd floor unit: 3 bedrooms and 1 full bath with generous kitchen, dining, and living areas
Financial Insights For Multifamily LT 5
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 | $100.9k | $31.80 |
| − Vacancy | −$5.0k | −$1.57 |
| EGI | $95.9k | $30.23 |
| − OpEx | −$28.8k | −$9.07 |
| NOI | $67.1k | $21.16 |
3,172 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$958.9K
$839.0K – $1.12M
NOI $67,121 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$901.6K
$788.9K – $1.05M
NOI $63,112 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,447 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex-style property includes two separate units, each with multiple bedrooms and living spaces, delivered vacant.
Where is this duplex located?
The property is located at 98 Harlow Street Arlington, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Duplex‑style property with two separate units, each with multiple bedrooms and living space, delivered vacant; 1st floor unit: 3 bedrooms and 2 full baths with large kitchen, dining, and living areas; 2nd floor unit: 3 bedrooms and 1 full bath with generous kitchen, dining, and living areas
