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Prime East Arlington Value-Add Two-Family in the MBTA Overlay DistrictBring your vision to this spacious, solid-bones 2 Family home located within Arlington’s MBTA Overlay District. Offering 2382 SQFT of living space on a 4256 SQFT lot with 3 off-street parking spaces this R3 zoned property is a blank canvas for investors, developers, condo-conversion visionaries or owner-occupants looking to build instant equity through cosmetic updates or layout enhancements. Currently configured as 2 6-room units (4 BR, 2 full & 2 half baths total), the versatile floor plans offer opportunities to create additional bedrooms or home offices. Unit 1 delivers convenient single-level living with a large eat-in kitchen, in-unit laundry, & bonus front room (8'9 x12'2") ideal for a study or potential 3rd bedroom. Unit 2 spans 2 upper levels for a townhouse-style feel, with a bonus room (8'6"x9'3") plus unfinished third-floor attic space for further expansion upside. Additional highlights include 2 fireplaces, classic frame construction, low-maintenance vinyl siding and an asphalt shingle roof. With a 90 Walk Score and a 96 Bike Score the location cannot be beat. Enjoy MBTA bus lines right outside your door, the Alewife Red Line T station 0.7 miles away, & effortless access to the Minuteman Bikeway, Spy Pond, & vibrant cafes, shops, and restaurants. Delivered vacant. Buyer to perform due diligence on zoning and expansion. Set GPS to Lee Terrace, house is off Mass Ave

  Open House: November 15th 12:00-1:30pm

MLS Listing ID: 73602120
Listing Price: $1,099,000
Listing Status: New [?]
Property Type: Multi Family
Bedrooms: 4
Full Baths: 2
Living Space: 2382 sf.
Lot Size: 0.1 acres (4256 sf.)
Parking: Yes
Taxes: $10,520.00
Tax Year: 2026

Listing Current as of November 13, 2026 11:00pm

This listing brought to you by John O'Toole of Olde Towne Real Estate Co..

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