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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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124 Jason St , Arlington, MA 02476
$1,299,000
Est. Payment: $2,886.67/mo
6 Bed
3 Bath
2447 Sqft
Status: New | Days on site: 1
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AN6101 - TM336360
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House Description

Prime Jason Street Neighborhood opportunity across from Menotomy Rocks Park! Rarely available, this two-family home offers an exceptional location and tremendous potential for a buyer, investor, or developer looking to create something special. Situated directly across from the park and just steps to the pond, trails, Whole Foods, and all that the Jason Street neighborhood has to offer, this is a location that is hard to replicate. The property presents an exciting opportunity to renovate and reimagine the existing two-family home to suit your needs. Explore the potential to convert the property to a beautiful single-family residence, create an ADU, pursue a condominium conversion, or maintain it as a two-family home. The possibilities are particularly appealing for those looking to add value in a premier Arlington location.The home retains much of its original character and architectural detail, providing a wonderful foundation for a thoughtful renovation. There is a walk-up attic offering additional potential, while the basement features high ceilings and excellent storage or future-use possibilities. Several important improvements have already been made, including newer heating systems, hot water, windows, and roof, providing a head start for the next owner.The property also offers a nice yard with ample off-street parking. The existing parking area could accommodate multiple vehicles or potentially be reimagined to create a more expansive rear yard, garden, or outdoor living space. The home requires updating and renovation and will be sold in its current “as-is” condition. For the buyer with vision, this is a rare chance to create substantial value in an extraordinary neighborhood, whether as a personal residence, investment property, or development opportunity. Opportunities in this location and with this level of flexibility are rarely available.

Highlights

Listed by Steve McKenna & The Home Advantage Team , 781-645-0505 Gibson Sotheby's International Realty , 781-648-3500.

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1916

County

Middlesex

Listing ID

73578826

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Range, Dishwasher, Refrigerator
Floor:Wood,Tile,Carpet,Hardwood
Other:
  • Additional:Ceiling Fan(s), Floored Attic, Walk-Up Attic, Crown Molding, Storage, Living Room, Dining Room, Kitchen
Water:Public

Exterior Features

Lot:Easements,Level
Garage Capacity:6
Zoning:R1
Roof:Shingle
Others:
  • Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Paved,Parking Spaces: 6

Open House

Upcoming Open Houses
Friday 11:00 am - 12:30 pm Sep 18
Sunday 11:00 am - 12:30 pm Sep 20
Principal Interest
$2,887
Taxes
$1,138

Home Price

$1,299,000

Loan Details

30 yrs
%

Down Payment

20%
$259,800
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Monthly Price:
$2,886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,886.67 $1,138.08 $0.00 $4,024.75
Yearly $34,640.00 $13,657.00 $0.00 $48,297.00
Total $1,039,200.00 $409,710.00 $0.00 $1,448,910.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Arlington, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.