$15,000,000

77 Arlington St Framingham, MA 01702

Estimated payment $89,242/month

Total Views 759
81 Beds
54 Baths
30,048 Sq Ft
$499 Price per Sq Ft

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

John Pentore

Horvath & Tremblay

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$120,332

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1970
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 81
  • Full Bathrooms: 54
  • Total Bathrooms: 54
  • Total Bathrooms: 54
  • Above Grade Finished Sq Ft: 15024
  • Below Grade Sq Ft: 15024
  • Living Area: 30048
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 499.2
  • PRICE PER Sq Ft: 499.2

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 58

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • 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
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 1.12
  • Lot Size Area: 1.12
  • Lot Size Sq Ft: 48787
  • Lot Size Units: Acres
  • PAGE: 396

Tax Info

  • Tax Year: 25
  • Tax Annual Amount: 120332
  • Tax Book Number: 81216

Multi Family

  • Gross Income: 1431774
  • Net Operating Income: 906350
  • Number Of Units Total: 54
  • Operating Expense: 525424
  • Total Actual Rent: 32767
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 For Sale $15,000,000 -- $499 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73430910

MLS Property Information Network (MLS PIN)