15-15A Jason St, Arlington, MA 02476
15-15A Jason St, Arlington, MA 02476
15-15A Jason St, Arlington, MA 02476
15-15A Jason St, Arlington, MA 02476
15-15A Jason St, Arlington, MA 02476
15-15A Jason St, Arlington, MA 02476
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Mike And Lee Mita

Mike And Lee Mita

+1(401) 632-7638
$ 3,450,000
Est. payment | /mo

12 Beds

12 Baths

10,450 SqFt

Save
$ 3,450,000
Est. payment | /mo
Save

12 Beds

12 Baths

10,450 SqFt

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 10,450 sqft

Price per Sqft $330

MLS Listing ID 73512298

Bedrooms 12

Full Baths 12

Year Built 1900

Annual Tax Amount $26,795

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Jason Arms is a 12-unit multi-family investment property located at 15 Jason Street in Arlington, MA. The three-story building contains twelve (12) 1-Bedroom/1-Bathroom units with 10,450 square feet of gross living area in 14,696 square feet of gross area. It is situated upon a 0.16-acre parcel and features three off-street parking spaces. Jason Arms has been meticulously maintained and family owned for over two decades. The property features recent capital improvements including a new, gas fired boiler (2020), a new, hot water system (2022) and new electrical panels featuring circuit breakers in all units. Jason Arms, while positioned at an attractive cap rate upon acquisition, offers incredible upside for the incoming owner. Six (6) of the Twelve (12) units feature large, 1 Bedroom ++ style units. The opportunity exists to create either 2 Bedroom or 3 Bedroom units in half of the building. Amenities for tenants include off-street parking, on-site laundry and basement storage.

Location

State MA

County Middlesex

Zoning R2

Direction Use GPS.

Rooms

Basement Unfinished

Interior

Flooring Wood

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Roof Type Rubber

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Granite, Irregular

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Horvath & Tremblay

Nearby Locations

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Mike And Lee Mita
Mike And Lee Mita

Broker-Associate | Lic# REB.0016449

+1(401) 632-7638

28 Caswell St. Suite 100 Narragansett, RI 02882

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15-15A Jason St