Last Sold Price
4 beds3,234 sqft$247/sqft
78-80 Decatur St, Arlington, MA 02474

Description

A rare offering which has been in the same family for over 100 years. This large four-family property is currently tenanted w/ rental income but could be prime condo conversion opportunity in a great East Arlington location, w/ ample parking and an oversized rear yard & mature garden. Property being sold together w/ abutting two-family property at 134 North Union Street (MLS #72027034) for $1.6M total. Properties can be delivered vacant in September, or sooner w/ leases in place.A rare offering which has been in the same family for over 100 years. This large four-family property is currently tenanted w/ rental income but could be prime condo conversion opportunity in a great East Arlington location, w/ ample parking and an oversized rear yard & mature garden. Property being sold together w/ abutting two-family property at 134 North Union Street (MLS #72027034) for $1.6M total. Properties can be delivered vacant in September, or sooner w/ leases in place.
LISTING CLOSED: 09/20/2016 12:00 AM

Listing Agent

  1. Mark Hand

    Mark Hand

    Alternative Listing Agent

    Compass

    P: (617) 733-4240

Property Details for 78-80 Decatur Street

Status
MLS #
72027036
Days on Market
61
Taxes
$9,041 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 4 Family
Year Built
1880
Town
Arlington
MLS Area
East Arlington
Area
MA-Arlington-East Arlington, MA-Arlington
Style
Garden
Garage Spaces
0
Parking Spaces Total
4

Location

Listing Courtesy of Compass, Mark Hand

Sold By The Agency, Eric Rollo

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Building Information for 78-80 Decatur Street

Stories6Residences4Year Built1880Building Size-Lot Size0.30 AC / 12,944 SF

Payment Calculator

$4,820 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,066

Property Taxes

$753

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 78-80 Decatur Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path
  • Current Financing: Cash
  • Living Area: 3234.0
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Wall Oven, Unit 3(Wall Oven, Unit 4(Wall Oven, Gas Water Heater
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring), Unit 4(Wood Flooring)
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Garden
  • Exterior Features: Garden Area
  • Lot Description: Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Unit 1(Wall AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Cooling: Yes
  • Heating: Unit 1(Hot Water Radiators, Steam, Oil), Unit 2(Hot Water Radiators, Gas), Unit 3(Hot Water Radiators, Unit 4(Hot Water Radiators
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
Tax Information
  • Tax ID: M:037.0 B:0001 L:0006.A,321033
  • Assessments: $706,300
  • Book: 0
  • Tax Year: 2016
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • Electricity: $360.00
  • Annual Expenses Source: Owner
  • GOI: $38,980.00
  • Gross Scheduled Income: $.00
  • Insurance: $3,809.00
  • GRE: $14,319
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $0
  • RME: $8,266
  • NOI: $24,661.00
  • Operating Expense: $14,319.00
  • WSE: $1,884.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.0

Property History for 78-80 Decatur Street

DateEvent & SourcePriceAppreciation
Sep 20, 2016

Sold (Public Record)

Public Record #579972404

$800,000

+190.6% / yr

Sep 20, 2016

Sold

MLS PIN #72027036

$800,000
Jul 29, 2016

Under Agreement

MLS PIN #72027036

DateEvent & SourcePrice
09/20/2016

Sold (Public Record)

Public Record #579972404

$800,000

+190.6% / yr

09/20/2016

Sold

MLS PIN #72027036

$800,000
07/29/2016

Under Agreement

MLS PIN #72027036

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 78-80 Decatur Street

Taxable ValueLand$614,300Additions$384,200Total$998,500
Tax Record2024$10,574 ($881 / month)
Home Facts
Baths4Total Finished SqFt3,234 SqFtAbove Grade Finished SqFt3,234 SqFtUnfinished Basement SqFt1,540 SqFtStories2Lot Size12,946 SqFtStyleMulti-Family Res (5+ Units)Year Built1880Year Renovated1959ZoningR2CountyMIDDLESEXAPNARLI M:037.0 B:0001 L:0006.A

Schools near 78-80 Decatur Street

This home is within Arlington Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 6
Rating
School
Distance
Thompson Elementary School
PublicK to 5

Ottoson Middle School
Public7 to 8

Arlington High School
Public9 to 12

Gibbs School
Public6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 78-80 Decatur Street, Arlington, MA 02474
$800,000
4
3,234
12,944
$835,000
3
1,448
6,186
$1,095,000
4
2,640
15,606
2,500
31,401
4
3,234
12,946
2.5
2,327
2,836

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Mark Hand

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.