109 Oxford St - Apartments FOR SALE


Arlington, MA 02474- East Arlington
$4,500,000 USD
781-776-4000
109 Oxford St, Arlington, MA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/14
null | 5.09% Cap Rate

109 Oxford St
Arlington, MA 02474
East Arlington


HIGHLIGHTS

  • Dynamic Arlington Location
  • Transit Oriented Location
  • Well-Located Asset with Value-Add Opportunity

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of the multifamily investment property located at 109 Oxford Street in Arlington, Massachusetts (the “Property”). Located in Arlington’s east end, the Property is convenient to Cambridge and Somerville and several MBTA Stations with direct service to Downtown Boston. 109 Oxford Street offers the rare opportunity to acquire an exceptionally well-located asset with value-add potential in one of the strongest real estate markets in a region that is poised for future growth. The Property consists of a three-story brick building with twelve (12) residential units consisting of eleven (11), 2-Bedroom/1-Bathroom units and one (1) Studio unit with 10,437 square feet of living area in 10,860 square feet of gross area on a 0.294-acre parcel. The Property also features an on-site laundry facility and fourteen (14) parking spaces. 109 Oxford has been well-maintained throughout ownership. The building’s roof and windows have been replaced as well as new electrical panels for several units. A number of apartments have been updated as well. Unit renovations include new appliances, re-finished hardwood flooring (most units feature hardwood floors), new carpeting and fresh paint. 109 Oxford Street offers the ability to add value to a well-maintained building. In place rents are below market and the opportunity exists to drive rental rates through programmatic upgrades to the unrenovated unit interiors. Additionally, there is potential to increase the bedroom count by converting the studio unit into a 1-bed or 2-bed unit by combining the current unit with the on-site laundry facilities. The location offers unparalleled access to Massachusetts Ave and Route 16, Tufts University, the Alewife, Davis, and Medford/Tufts MBTA Stations (Red & Green Lines), and Davis Square.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$431 USD /SF

# OF UNITS

12

PRICE/UNIT

$375,000

CAP RATE

5.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

-

APN/PARCEL ID

ARLI-000027-000003-000019

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.