new - 2 days on rocket

376-378 Massachusetts Ave, Arlington, MA, 02474

$2,495,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 3 Partial
7,586 SqFt
$329/SqFt
Multi

Location

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376-378 Massachusetts Ave, Arlington$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Garage2 spaces
Year Built1900
HeatingElectric, Ductless, Oil
CoolingDuctless, None
BasementYes
MLS #73314491
Lot Size0.15 Acres
StatusActive
(New)

About 376-378 Massachusetts Ave

Discover the perfect investment opportunity with this exceptional Victorian-style mixed-use building in the heart of Arlington Center. Meticulously maintained, this property is ideal for an end user, investor, or developer, offering a blend of timeless charm and modern updates. It features three spacious and recently renovated residential units with open floor plans, updated kitchens, and modern bathrooms, making them ideal for rental income or condo conversion. Additionally, a private 2-room office suite with a separate entrance and private bath is perfect for professionals or small business use. The grand first-floor entryway welcomes you into a beautifully updated 2-bedroom apartment with over five rooms, while the lower level offers untapped potential for expansion or additional functionality. At the rear of the property, a parking area and oversized barn provide ample storage and exciting renovation opportunities. Seller may offer some form of concessions or compensation.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 7,586 SqFt

Listing Office:

  • Office Name: Gibson Sotheby's International Realty
  • Office Phone: (781) 648-3500
  • Listing Agent: Steve McKenna & The Home Advantage Team

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Washer/Dryer, Microwave, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood, Tile, Vinyl, Carpet, Hardwood
  • Interior: Upgraded Cabinets, Upgraded Countertops, Remodeled, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Walk-In Closet(s), Bathroom With Tub & Shower, Open Floorplan, Living Room, Kitchen, Office/Den, Dining Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters, Professional Landscaping

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Electric, Ductless, Oil
  • Cooling: Ductless, None

Other

Directions Information:

  • Directions: Corner of Mass Ave & Pond Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $329/SqFt
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Housing Market Comparison

See how this home compares to others in Arlington, MA.

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Arlington, MA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$561

Avg. Days On Market

25

# of Sold Homes

39

376-378 Massachusetts Ave vs Arlington

2 DAYS ON ROCKET

-23 Days

$2,495,000

+$1.4M More

$329/SqFt

-$233 Less

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $233/SqFt less than other homes in Arlington, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73314491

Listing Office:

  • Office Name: Gibson Sotheby's International Realty
  • Office Phone: (781) 648-3500
  • Listing Agent: Steve McKenna & The Home Advantage Team

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1111216
7
/10

  • Hardy

  • 52 Lake St

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-1111217
9
/10

  • Benjamin Banneker Charter Public School

  • 21 Notre Dame Ave

  • 0.68 miles

  • Public Charter Grades PK-6

school-card-donut-1111218
8
/10

  • Thompson

  • 187 Everett St

  • 0.75 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,382. Typical income of Arlington, MA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Arlington›02474›376-378 Massachusetts Ave

This home is located at 376-378 Massachusetts Ave in Arlington, MA and zip code 02474. This 7,586 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $2,495,000.

In October 2024 more than 23 listings in Arlington, MA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 12 were sold below. The number of listings in Arlington, MA increased by 3.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,021,388, while the average time on the real estate market was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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