BEDS12
BATHS12 full
SQUARE FEET10,450
MLS#73512298
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Lot Size: 0.16 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $26,795
Year Built: 1900
Feature Descriptions
Building Area Total: 10450
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
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 79
Dwelling Type: 5+ Family - 5+ Units Up/Down
Exterior: Frame
Flooring: Wood
Lot Features: Corner Lot
Parcel Number: M:124.0 B:0001 L:0013,327535
Parking Total: 0
Patio And Porch: Screened
Rooms Total: 36
Sewer: Public Sewer
Units: 12
Water: Public
Listed By / Shown By
Listed By
Agency Name: Horvath & Tremblay
Agent Name: Kelleher - Pentore Team
Agency Phone: 781-776-4000
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 10,917.37 per month $7,678.20 Principal & Interest $2,232.92 Property Tax $1,006.25 Homeowner's Insurance
15-15a Jason St | MLS# 73512298
This multi-family property located at 15-15a Jason St, Arlington, MA 02476 is currently listed for sale with an asking price of $3,450,000. Search Arlington real estate on www.masiellogrouprealestate.com today.