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991-993 Massachusetts AveLexington, MA 02420

For Sale

$1,249,000

Smart Buyer Rebate $6,245

Two-family opportunities in Lexington? Rare. Of the 85 that exist, only 12 have traded since 2020. Most stay in families for decades — and for good reason. The equity story here is real. You hold, you win. So when one comes up, you need to understand the value and be ready to move. 991–993 Mass Ave hasn’t changed hands since 1994. Built in 1940, this duplex has been thoughtfully updated with clean white kitchens, quartz and granite counters, and layouts that make sense. Each unit offers two bedrooms and one full bath, plus solid basement storage. Outside, you’ve got a usable yard, small patio, and a deck off the kitchen — simple, functional, and appealing to tenants. The location checks out: on the bus line, close to Wilson Farm and Route 2. And yes, it cash flows — both sides currently at $3,400. This is the kind of property investors wait for.

Listed by Beth Sager Group

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Keller Williams Realty Boston Northwest

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617-797-1422

Last updated April 26, 2026

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Source: MLSPin #73505592

Listing Facts

  • TypeMulti-family
  • NeighborhoodFollen Heights
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu8
  • Taxes$11,178/year
  • Size1,620 sqft
  • Price per sqft$771

Amenities

  • Private Outdoor Space
  • Parking

Location

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Listing History

04/22/2026
Listed by Keller Williams Realty Boston Northwest
$1,249,000

Property Details for 991-993 Massachusetts Ave

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 4
  • Stories Total: 4
  • Year Built: 1940
  • Year Built Details: Approximate

Features

  • Patio And Porch Features: Deck

Measurements

  • Building Area Total: 1,620
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,070
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $81,600.00

Taxes

  • Tax Annual Amount: $11,178.00
  • Tax Assessed Value: $914,000.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Living Room, Dining Room, Kitchen

Measurements

  • Living Area: 1,620
  • Living Area Source: Public Record

Rooms

  • Basement: Unfinished
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Rooms Total: 10

Parking

Parking

  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved Drive
  • Parking Total: 4

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 2 bathrooms in this multi-family home at 991-993 Massachusetts Ave.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 991-993 Massachusetts Ave.

What are the annual taxes for 991-993 Massachusetts Ave?

Annual taxes for this multi-family home are estimated at $11,178.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,620 sqft.

991-993 Massachusetts Ave is a 4-bedroom, 2-bath multi-family home for sale in Lexington MA 02420. On Prevu for 8 days at $1,249,000. This property features 1,620 square feet of living space, located in Follen Heights. The median listing price for multi-family homes in this area is $3,250,000. The home offers private outdoor space and parking. Explore more multi-family home listings in Middlesex County.

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.