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Home Massachusetts Multi-Family Homes for Sale

3-5 Lafayette Street Arlington, MA 02474
5 Days on Jacob Realty
41
$1,199,000
Total Beds: 7 Total Baths: 2
Total Units: 2 SQFT: 2980
LOT size: 0.11 Acres
3-5 Lafayette Street
Arlington, MA 02474
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Property Description

Investor Alert! Just steps from the bike path in East Arlington’s highly coveted commuter neighborhood lies a rare opportunity waiting to be reimagined. After many years in the same family, this classic multi-family is ready for renovation, although your vision & hard work will truly pay off! The stucco exterior adds timeless character, & with southeast exposure bringing in morning light & back porches made for sunset views, the potential here is undeniable. Possibilities galore ~ convert to a single family, consider a condo conversion, live in one unit & collect rent on the other? You’ll love the garage + non-tandem parking & the existing third-floor walk-up with three additional bedrooms. This is the ultimate chance to invest in one of Arlington’s hottest neighborhoods, the perfect combination of lifestyle & location! Just a 7-minute stroll to Alewife T, the 77 bus line, Thorndike Park/Magnolia Field, Hardy School, + all the East End’s eclectic shops, restaurants, and theaters!
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Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 2
  • Amenities: Bike Path, Conservation Area, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Crown Molding, Floored Attic, Heated Attic, Pantry, Storage, Walk-Up Attic
  • Common Appliances: Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Active Solar, Central Heat, Electric Baseboard, Electric Baseboard, Hot Water Radiators, Hot Water Radiators, Oil, Radiant, Steam
  • Common Cooling: None

Financial

  • APOD Available: No

Utilities

  • Heat Zones: 2
  • Electric Info: Fuses, Nearby
  • Utility Connections: Washer Hookup, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1925
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73425483
  • Last Updated: 09/07/25

Mortgage Calculator

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Map

Seller's Representative: Julie Gibson, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-09-07 03:07:00

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