53 Park St - 53 Park St, Arlington 5 Unit Apartment Building Offered at $2,499,000 Arlington, MA 02474

53 Park St, Arlington, MA
Rare opportunity to acquire a well-located 5-unit apartment building delivered vacant in Arlington, Massachusetts. The property offers a compelling investment opportunity with strong rental-market appeal and the flexibility to reposition, renovate, or operate as an income-producing multifamily asset.
The building currently consists of five residential units, providing an attractive opportunity for an owner-user, investor, or developer seeking a multifamily asset in a highly desirable Greater Boston community.
Ideally situated near the Mystic River and Minuteman Bikeway, the property offers convenient access to Arlington’s vibrant commercial districts, public transportation, parks, restaurants, and major commuter routes. Residents can enjoy easy access to Arlington Center, Spy Pond, Alewife, Cambridge, and Boston, as well as the area’s many shops, dining destinations, recreational amenities, and green spaces.
Property Highlights:
5-unit apartment building
Delivered vacant
Desirable Arlington location
Steps from the Mystic River and nearby recreational amenities
Convenient access to the Minuteman Bikeway
Close to Arlington Center, Spy Pond, and major area attractions
Easy access to Cambridge, Boston, and major commuter routes
Strong rental-market appeal
Proximity to shopping, dining, parks, and public transportation
Attractive opportunity for investors, owner-users, and multifamily buyers
Buyer and buyer’s agents responsible to verify all zoning, unit count, rental, and property information. 1 non-conforming unit