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Investment Highlights

  • Access and Connectivity
  • Separately Metered Utilities
  • Strong Rental Demographics and Demand
  • Area Amenities and Demand Drivers
  • Off Street Parking
  • Quality of Life Amenities

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 40 Tanager Street in Arlington, MA (the “Property”). The two-story duplex style building contains one (1) 3-Bedroom/1-Bathroom unit and one (1) 2-Bedroom/1- Bathroom unit with 2,300 square feet of gross living area in 4,886 square feet of gross area. The Property is situated upon a 0.115-acre parcel and features three (3) tandem style off-street parking spaces.
40 Tanager Street is well-positioned within a quiet residential enclave of Arlington, offering immediate access to established neighborhoods, local retail corridors, and the town’s vibrant commercial centers. The property benefits from convenient connectivity to major regional routes including Massachusetts Route 2 and Massachusetts Route 3, as well as close proximity to Interstate 95 (Route 128), providing efficient access to the greater Boston metropolitan area.
The Property has been meticulously maintained and has undergone extensive renovations, offering a turnkey investment or owner-occupied asset with condo-quality upgrades throughout. Units feature newer kitchens with white quartz countertops, modern cabinets, and stainlesssteel appliances, including gas stoves and dishwashers, hardwood floors throughout, newer bathrooms, forced hot air as well as central air conditioning. Each of the units are separately metered for gas heat, hot water and electric. Additional capital improvements include upgraded electrical in 2025, as well as insulation in all exterior walls and attic in 2025 which dramatically reduced utility costs

Property Facts

Price $1,250,000
Price Per Unit $625,000
Sale Type Investment
Cap Rate 3.37%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.12 AC
Building Size 4,886 SF
No. Stories 2
Year Built 1914

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 - -
3+1 1 - -
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
ARLI-000173-000006-000002
Land Assessment
$530,000
Improvements Assessment
$461,300
Total Assessment
$991,300
  • Listing ID: 40586020

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: 40 Tanager St, Arlington, MA 02476

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