Unit Information
Located in the heart of Arlington Heights, this charming five-family home offers a rare investment opportunity. Consisting of five one-bedroom units and a history of long-standing tenants, this property boasts strong and stable rental income. Grandfathered as a legal five-family home, it provides unique investment security. Meticulously maintained and owned by the same dedicated owner for over 60 years, this residence has stood the test of time. Its prime location, coupled with the reliability of long-term tenants, makes this property an exceptional addition to any investor’s portfolio. Recent upgrades include newer heating systems, hot water tanks, and updated electrical systems, with rents covering both heat and hot water. All tenants are eager to stay, ensuring continued stability and income potential for the future owner. Seller welcomes offers with requests for buyer concessions.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Zip Code: 02476
- Levels: 9
- Parking
- Parking: Paved Drive, Off Street, Paved
- Parking Spaces: 5
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 9
- Total Rooms: 20
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$1,500,000
- Listing ID: 73348305
- Bedrooms: 5
- Full Baths: 5
- Living Area: 3,859 sqft Convert
- Lot Size: 12,659 sqft Convert
- Acres: 0.29
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Luxury Residential Group
(617) 233-5800
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