202 Massachusetts Ave Arlington, MA
$12,000,000
Square Feet 40,050
Acres 0.55
Description
Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49–55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION **the property was offered under listing 73546199
Listed by Carl Christie, Carl Christie
Details
MLS 73553935
Status Active
Price $12,000,000
DOM 96 days
Type Commercial
Square Feet 40,050 sqft
Lot Size 0.55 acres
Year Built 1915
Lot & Building Features
Tax Year 2026
Taxes Paid $68,190
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Financing
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6.75%
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per month
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