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Perched atop Forest Street, this classic two-family home, in need of renovation, offers a rare opportunity to create value in a wonderful and well-established neighborhood. Offered as-is and brimming with potential, this property is perfect for investors, contractors, or owner-occupants eager to bring their vision to life. Abundant natural light shines through each unit's 2 bedrooms, 1 bath, living room, and kitchen. Ideally located near Ed Burns Arena, the Minuteman Bikeway, Arlington Heights, and the Arlington Reservoir, with easy access to the natural beauty of Wright-Locke Farm in Winchester and Lexington's Community Farm. Enjoy the convenience of nearby shops, dining, recreation, and commuter routes while investing in a property with tremendous upside. A rare value-add opportunity in a sought-after neighborhood, bring your ideas and unlock this home's full potential.

More Info

Basic Information

  • Contingency Inspection
  • Mls StatusUnder Agreement
  • Parcel Number 325642

Tax Information

  • Tax Assessed Value $676,600
  • Tax Year 2025
  • Taxes$7,287

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces2

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Basic Information

  • List Price$799,000
  • MLS Number73501496
  • Modification Date05/05/2026
  • Property SubTypeMulti Family
  • Purchase Contract Date04/26/2026

Location

  • Address151-153 Forest Street
  • Building Number151-153
  • CountyMiddlesex
  • StateMA
  • StreetForest Street
  • TownArlington
  • Zip02474

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • FoundationOther
  • Levels 2
  • Patio And Porch Features Porch
  • Rooms8
  • Stories2
  • Units2
  • Year Built1909
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.14
  • Other Structures Shed(s)

Exterior

  • Exterior Features Garden

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 1,632
  • Lot Size Square Feet 6,146
  • Lot Size Units Acres
  • Square Feet1,632

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • House of Worship
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Other AmenitiesBasement, Garden

Legal

  • ZoningR1

Other

  • Date Listed04/14/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Kate Davis of Griffin Properties,Inc.

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