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3-5 Lafayette StreetArlington, MA 02474

For Sale

$1,199,000

Smart Buyer Rebate $5,995

Investor Alert! Just steps from the bike path in East Arlington’s highly coveted commuter neighborhood lies a rare opportunity waiting to be reimagined. After many years in the same family, this classic multi-family is ready for renovation, although your vision & hard work will truly pay off! The stucco exterior adds timeless character, & with southeast exposure bringing in morning light & back porches made for sunset views, the potential here is undeniable. Possibilities galore ~ convert to a single family, consider a condo conversion, live in one unit & collect rent on the other? You’ll love the garage + non-tandem parking & the existing third-floor walk-up with three additional bedrooms. This is the ultimate chance to invest in one of Arlington’s hottest neighborhoods, the perfect combination of lifestyle & location! Just a 7-minute stroll to Alewife T, the 77 bus line, Thorndike Park/Magnolia Field, Hardy School, + all the East End’s eclectic shops, restaurants, and theaters!

Listed by Julie Gibson

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Gibson Sotheby's International Realty

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781-771-5760

Listed by Sarah Holt

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Gibson Sotheby's International Realty

Last updated September 07, 2025

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Source: MLSPin #73425483

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Arlington
  • Bedrooms7
  • Bathrooms2
  • Days on Prevu4
  • Taxes$11,587/year
  • Size2,980 sqft
  • Price per sqft$402

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

09/03/2025
Listed by Gibson Sotheby's International Realty
$1,199,000

Property Details for 3-5 Lafayette Street

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Public School, T-Station

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Shingle
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1925
  • Year Built Details: Actual
  • Construction Materials: Frame
  • Exterior Features: Balcony/Deck, Garden

Features

  • Patio And Porch Features: Porch
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 2,980
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,001
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:001.0 B:0003 L:0005,5267637
  • Tax Annual Amount: $11,587.00
  • Tax Assessed Value: $1,075,900.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Refrigerator, Washer
  • Flooring: Laminate, Hardwood
  • Interior Features: Pantry, Storage, Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Heated Attic, Crown Molding, Living Room, Dining Room, Kitchen

Measurements

  • Living Area: 2,980
  • Living Area Source: Measured

Rooms

  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 7
  • Rooms Total: 13

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Hardy

High School

  • High School: Ahs

Middle or Junior School

  • Middle Or Junior School: Ottoman

Utilities

Equipment

  • Electric: Fuses
  • Heating: Hot Water, Steam, Oil
  • Has Heating: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Gas Range, Washer Hookup
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.