40 Tanager St - Apartments FOR SALE


Arlington, MA 02476- Arlington Heights
$1,250,000 USD
781-776-4002
40 Tanager St, Arlington, MA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/9
null | 3.37% Cap Rate

40 Tanager St
Arlington, MA 02476
Arlington Heights


HIGHLIGHTS

  • Access and Connectivity
  • Area Amenities and Demand Drivers
  • Separately Metered Utilities
  • Off Street Parking
  • Strong Rental Demographics and Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 40 Tanager Street in Arlington, MA (the “Property”). The two-story duplex style building contains one (1) 3-Bedroom/1-Bathroom unit and one (1) 2-Bedroom/1- Bathroom unit with 2,300 square feet of gross living area in 4,886 square feet of gross area. The Property is situated upon a 0.115-acre parcel and features three (3) tandem style off-street parking spaces. 40 Tanager Street is well-positioned within a quiet residential enclave of Arlington, offering immediate access to established neighborhoods, local retail corridors, and the town’s vibrant commercial centers. The property benefits from convenient connectivity to major regional routes including Massachusetts Route 2 and Massachusetts Route 3, as well as close proximity to Interstate 95 (Route 128), providing efficient access to the greater Boston metropolitan area. The Property has been meticulously maintained and has undergone extensive renovations, offering a turnkey investment or owner-occupied asset with condo-quality upgrades throughout. Units feature newer kitchens with white quartz countertops, modern cabinets, and stainlesssteel appliances, including gas stoves and dishwashers, hardwood floors throughout, newer bathrooms, forced hot air as well as central air conditioning. Each of the units are separately metered for gas heat, hot water and electric. Additional capital improvements include upgraded electrical in 2025, as well as insulation in all exterior walls and attic in 2025 which dramatically reduced utility costs

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$256 USD /SF

# OF UNITS

2

PRICE/UNIT

$625,000

CAP RATE

3.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

40 Tanager Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1914

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

-

APN/PARCEL ID

ARLI-000173-000006-000002

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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Dennis KelleherHorvath & TremblayMore Info
781-776-4002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.