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
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