1 / 32
INVESTMENT SNAPSHOT
About this property
Well-maintained two-family in a prime Arlington location along Mystic Valley Parkway. This property offers strong investment or owner-occupant potential with classic layouts and great natural light in both units. Major updates include a new roof and newer heating systems, providing peace of mind for any new owner. Enjoy beautiful Mystic River views and direct access to scenic public paths. Conveniently located near Arlington Center with easy access to Medford, Cambridge, Somerville, and Boston. Off-street parking and a detached garage add to the appeal. A rare opportunity to own a turnkey multifamily in a highly desirable setting with strong long-term upside. Don't miss this one!
Property details
| Units | 2 |
| Living area | 2,270 sqft |
| Lot size | 5,976 sqft |
| Year built | 1927 |
| Price / sqft | $529 |
| County | Middlesex |
| MLS # | 73505643 |
Listing status
| Days on market | 13 days |
| Listed on | April 22, 2026 |
Taxes & financials
| Annual property tax | $10,982 |
| Tax year | 2025 |
| Assessed value | $1,019,700 |
| Zoning | R2 |
| Gross income (actual) | $29,940/yr |
| Net operating income (actual) | $29,940/yr |
| Total actual rent | $2,495/mo |
Building & lot
| Stories | 2 |
| Total rooms | 11 |
| Lot size | 0.14 acres |
| Garage spaces | 2 |
| Parking spaces | 10 |
| Parking | Off Street |
| Basement | Full, Unfinished |
| Foundation | Block |
| Roof | Shingle |
| Flooring | Wood, Tile |
Utilities & systems
| Heating | Oil |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Refrigerator |
Location
More about investing in Arlington →
Listing courtesy of Lamacchia Realty, Inc. — Applegate & Murphy Group. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 142-144 Mystic Valley Parkway, Arlington MA 02474 have?
It is a 2-unit multi-family property with 2,270 sqft of living area, built in 1927.
How long has 142-144 Mystic Valley Parkway, Arlington MA 02474 been on the market?
142-144 Mystic Valley Parkway, Arlington MA 02474 has been listed for 13 days (since April 22, 2026).
What is the estimated cap rate on this 2-family in Arlington?
Based on area median rents, the estimated cap rate is about 3.8%, with a Signal Score of 70/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,199,990 across 2 units, that works out to roughly $599,995 per unit.
What are the property taxes on 142-144 Mystic Valley Parkway, Arlington MA 02474?
Annual property taxes are $10,982 (2025), on an assessed value of $1,019,700.
What is the price per square foot?
At $1,199,990 for 2,270 sqft, that's about $529 per square foot.
Is there parking?
2 garage spaces and 10 total parking spaces (off street).
Where is this property located?
142-144 Mystic Valley Parkway, Arlington MA 02474 is in Arlington, Middlesex County, MA 02474.
Similar multi-families
◆ 66
◆ 60
◆ 78