202 Massachusetts Ave Arlington MA 02474 MLS #73546199

202 Massachusetts Ave
Arlington, MA, 02474
$12,000,000
26 Beds
20 Baths
39,900 SqFt
0.55 Acres
$12,000,000
202 Massachusetts Ave
Arlington, MA, 02474
MLS #73546199 image #0
Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49–55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION

Property Details

Price:
$12,000,000
MLS #:
73546199
Status:
Active
Beds:
26
Baths:
20
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Jul 8, 2026
Finished Sq Ft:
39,900
Total Sq Ft:
39,900
Lot Size:
23,810 sqft / 0.55 acres (approx)
Year Built:
1915
Units:
24

Schools

Interior

Above Grade Finished Area
39900
Bathrooms
20 Full Bathrooms
Levels
3

Exterior

Lot Features
Corner Lot, Level
Open Parking Spaces
5
Parking Spots
5
Parking Total
5
Stories
3

Financial

Net Operating Income
$48,000
Tax Year
2026
Taxes
$68,191
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Arlington as of Jul 17, 2026
16
Multi Family Listed
53
Avg DOM
426
Avg $ / SqFt
$2,108,675
Avg List Price

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Property Summary

    202 Massachusetts Ave Arlington MA is a Multi Family for sale in Arlington, MA, 02474. It is listed for $12,000,000 To schedule a showing of MLS#73546199 at 202 Massachusetts Ave in Arlington, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
202 Massachusetts Ave
Arlington, MA