1 Laurel St, Arlington, MA 02476

Turn-key investment property right in Arlington Center. Equipped with a 3-car driveway, maintenance-free fiber cement siding, newer windows, and a roof that was replaced just five years ago, 1-3 Laurel St. provides an ideal buy-and-hold venture in a market flush with overpriced multi-families. Each unit is separately metered for both gas and electricity, with newer Bryant furnaces, central heating, and 100-amp electrical service on each level. Kitchens and baths have all been updated in the last 5-7 years and the cumulative rent roll amounts to $84,600/year. Unit #1 is a Philadelphia-style 3 bed, 1 bath ($2,750), unit #2 is a floor-through 2 bed, 1 bath ($2,500) and unit #3 is a 1 bed, 1 bath on the top level ($1,800). All leases span to 8/31/24.