Exceptional two-family opportunity in sought-after East Arlington! Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a well-located income-producing property, this versatile property checks all the boxes. One unit will be delivered vacant at closing, offering immediate flexibility, while the second unit provides established rental income. Filled with period charm, the home features sun-drenched living spaces, hardwood floors, built-in cabinetry, spacious kitchens, and private outdoor areas. Conveniently located near Capitol Square's restaurants and cafés, the Minuteman Bikeway, public transportation, Alewife Station, and all that Arlington has to offer. Additional features include separate utilities, off-street parking, a two-car garage, and a desirable neighborhood location. A rare opportunity to invest, occupy, or both in one of Greater Boston's most vibrant communities.
For sale
Price cut: $24K (10/20)
$1,175,000
27-29 Lake St, Arlington, MA 02474
6beds
2,745sqft
Multi Family
Built in 1920
-- sqft lot
$1,179,900 Zestimate®
$428/sqft
$-- HOA
What's special
Two-car garageSun-drenched living spacesHardwood floorsPrivate outdoor areasOff-street parkingBuilt-in cabinetrySpacious kitchens
- 43 days
- 1,542
- 109
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Lord 508-395-8333,
Capital Realty Group 508-395-8333
Source: MLS PIN,MLS#: 73584218
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Steam, Natural Gas, Baseboard
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Living Room, Dining Room, Kitchen, Office/Den
- Flooring: Wood, Tile, Varies
- Basement: Full,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,745
- Total interior livable area: 2,745 sqft
- Finished area above ground: 2,745
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Driveway
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Patio & porch: Porch, Deck
- Exterior features: Balcony
Lot
- Size: 2,910 Square Feet
- Features: Level
Details
- Parcel number: 318618
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Walk/Jog Trails
Location
- Region: Arlington
Financial & listing details
- Price per square foot: $428/sqft
- Tax assessed value: $1,125,100
- Annual tax amount: $12,117
- Date on market: 9/30/2026
- Listing terms: Contract
- Total actual rent: 5123
Estimated market value
$1,179,900
$1.12M - $1.24M
$3,400/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2026 | Price change | $1,175,000-2%$428/sqft |
Source: MLS PIN #73584218 Report a problem | ||
| 9/30/2026 | Listed for sale | $1,199,000+28.9%$437/sqft |
Source: MLS PIN #73584218 Report a problem | ||
| 4/10/2018 | Listing removed | $3,300$1/sqft |
Source: Cambridge Realty Group Report a problem | ||
| 12/1/2017 | Listed for rent | $3,300$1/sqft |
Source: Cambridge Realty Group Report a problem | ||
| 10/27/2017 | Sold | $930,000+56%$339/sqft |
Source: Public Record Report a problem | ||
| 8/27/2007 | Sold | $596,000$217/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,909 +9.6% | $1,105,800 +7.8% |
| 2024 | $10,863 -2.4% | $1,025,800 +3.3% |
| 2023 | $11,132 +0.1% | $993,000 +2% |
| 2022 | $11,122 +3.6% | $973,900 +2.9% |
| 2021 | $10,737 +2.5% | $946,800 0% |
| 2020 | $10,473 +9% | $946,900 +11% |
| 2019 | $9,608 +5.8% | $853,300 +14% |
| 2018 | $9,077 +5.7% | $748,300 +9.5% |
| 2017 | $8,585 +3.7% | $683,500 +5.6% |
| 2016 | $8,282 +3.6% | $647,000 +9.7% |
| 2015 | $7,993 +4.7% | $589,900 +6.6% |
| 2014 | $7,631 +0.1% | $553,400 -1.2% |
| 2013 | $7,626 +3% | $560,300 +3.4% |
| 2012 | $7,401 +10.1% | $541,800 |
| 2011 | $6,724 +2.5% | $541,800 |
| 2010 | $6,561 -2% | $541,800 -3.6% |
| 2009 | $6,698 +19.7% | $561,900 +15% |
| 2008 | $5,596 -0.3% | $488,700 -4.6% |
| 2007 | $5,612 -1.1% | $512,500 +2.5% |
| 2006 | $5,672 +15% | $500,200 +10.9% |
| 2005 | $4,934 +2.8% | $451,000 |
| 2004 | $4,799 +9.2% | $451,000 +39.7% |
| 2003 | $4,395 -2.4% | $322,900 -0.7% |
| 2002 | $4,503 +11.7% | $325,100 +38.5% |
| 1999 | $4,032 | $234,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 02474
Similar homes
- $995,0004 bd2 ba2.4k sqft35 Sherborn St, Arlington, MA 02474For Sale
MLS ID #73601166, Sarah Holt, Gibson Sotheby's International Realty. MLS PIN - $1,299,0004 bd4 ba2.1k sqft5-7 Adams St #5, Arlington, MA 02474For Sale
MLS ID #73600554, Peter Bouchie, Coldwell Banker Realty - Belmont. MLS PIN - $1,099,0004 bd2 ba2.3k sqft28-30 Sherborn St, Arlington, MA 02474For Sale
MLS ID #73590713, David Lenoir, Coldwell Banker Realty - Cambridge. MLS PIN - $1,425,0004 bd3 ba3.1k sqft315 Lake St, Arlington, MA 02474For Sale
MLS ID #73601425, Adriana Scholz, Lamacchia Realty, Inc.. MLS PIN
