Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49-55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION **the property was offered under listing 73546199
| MLS # | 73553935 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 69 |
| Listing Provided By | Carl Christie | Carl Christie |
| SQ Feet | 40,050 |
|---|---|
| Zoning | B3 |
| Acreage | 0.55 |
| Tax Annual Amount | 68190.56 |
|---|---|
| Tax Year | 2026 |
| Senior Community Yes / No | No |
|---|
| State | MA |
|---|---|
| County | Middlesex |
| City | Arlington |
| Zip Code | 02474 |
| Area | Middlesex |
| Listing VS Median (in 02474) | |
Price: $12,000,000 low | high Med: $699,000 sqft: 40,050 low | high Med: 985 $ / sqft: $300 low | high Med: $710 On site: 69 low | high Med: 20 | |
| State | MA |
|---|---|
| County | Middlesex |
| City | Arlington |
| Zip Code | 02474 |
| Area | Middlesex |
| Listing VS Median (in 02474) | |
Price: $12,000,000 low | high Med: $699,000 sqft: 40,050 low | high Med: 985 $ / sqft: $300 low | high Med: $710 On site: 69 low | high Med: 20 | |