77 Arlington St Framingham, MA 01702
Estimated payment $88,541/month
Highlights
- Golf Course Community
- 1.12 Acre Lot
- Community Pool
- Medical Services
- Property is near public transit
- 1-minute walk to Arlington Street Playground
About This Home
Arlington Commons consists of two, twin 27-unit brick buildings and contains (27) 2-Bed/1-Bath units, (21) 1-Bed/1-Bath units, and (6) Studio units. The Property has been subject to significant capital improvements, with (48) of the units recently renovated with updated kitchens, bathrooms and flooring throughout, common area renovations, exterior renovations including landscaping and painting, new rubber roofs, new parking lot, new sewer pumps, and new vinyl replacement windows. Tenants of the Property are responsible for their own heat (electric) while the landlord is responsible for common area electric, gas-fired hot water and domestic water and sewer. Arlington Commons offers the opportunity to acquire a renovated property with high historical occupancy and future upside in a desirable MetroWest location at a significant discount to replacement cost. The subject property is ideal for a potential buyer looking for an attractive, stabilized asset and income growth.
Listing Agent
Kelleher - Pentore Team
Horvath & Tremblay Listed on: 09/15/2025
Co-Listing Agent
Dennis Kelleher
Horvath & Tremblay
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $120,332
Year Built
- Built in 1970
Home Design
- Rubber Roof
Interior Spaces
- Property has 1 Level
Bedrooms and Bathrooms
- 81 Bedrooms
- 54 Full Bathrooms
Parking
- 58 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Additional Features
- 1.12 Acre Lot
- Separate Meters
Listing and Financial Details
- Rent includes unit 1(water hot water), unit 2(water hot water)
Community Details
Overview
- 54 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Operating Expense $525,424
- Net Operating Income $906,350
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2025 10/06/25 | Pending | -- | -- | -- |
| 09/15/2025 09/15/25 | For Sale | $15,000,000 | -- | $499 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73430910
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