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Executive Summary

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

Property Facts

Price $3,465,938 CAD
Price Per Unit $693,188 CAD
Sale Type Investment
No. Units 5
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.25 AC
Building Size 5,674 SF
Average Occupancy 0%
No. Stories 3
Year Built 1855

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - -
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Very bikeable
80/100
  • Listing ID: 41777720

  • Date on Market: 2026-08-17

  • Last Updated:

  • Address: 53 Park St, Arlington, MA 02474

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