Jason Arms is a 12-unit multi-family investment property located at 15 Jason Street in Arlington, MA. The three-story building contains twelve (12) 1-Bedroom/1-Bathroom units with 10,450 square feet of gross living area in 14,696 square feet of gross area. It is situated upon a 0.16-acre parcel and features three off-street parking spaces. Jason Arms has been meticulously maintained and family owned for over two decades. The property features recent capital improvements including a new, gas fired boiler (2020), a new, hot water system (2022) and new electrical panels featuring circuit breakers in all units. Jason Arms, while positioned at an attractive cap rate upon acquisition, offers incredible upside for the incoming owner. Six (6) of the Twelve (12) units feature large, 1 Bedroom ++ style units. The opportunity exists to create either 2 Bedroom or 3 Bedroom units in half of the building. Amenities for tenants include off-street parking, on-site laundry and basement storage.

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Basic Information

Gross Income $317,580
Lot Features Corner Lot
Mls StatusUnder Agreement
Parcel Number M:124.0 B:0001 L:0013,327535

Tax Information

Tax Assessed Value $2,487,900
Tax Year 2025
Taxes$26,795

Parking

Parking Spaces

Rooms

Bathroom12
Bathrooms Total Decimal 12
Bedrooms12
Full Bath12

Basic Information

List Price$3,450,000
MLS Number73512298
Modification Date05/22/2026
Property SubType5+ Family - 5+ Units Up/Down
Purchase Contract Date05/22/2026

Location

Address15-15A Jason Street
Building Number15-15a
CountyMiddlesex
StateMA
StreetJason Street
TownArlington
Zip02476

Building

BasementUnfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationGranite, Irregular
Levels 3
Patio And Porch Features Screened
Rooms36
Stories3
Units12
Year Built1900
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.16

Interior

Flooring Wood

Exterior

RoofRubber

Utilities

Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 10,450
Lot Size Square Feet 6,800
Lot Size Units Acres
Square Feet10,450

Amenities

Amenities
- Bike Path
- Golf
- Highway Access
- House of Worship
- Laundromat
- Medical Facility
- Park
- Pool
- Private School
- Public School
- Public Transportation
- Shopping
- T-Station
- Tennis Court(s)
- University
- Walk/Jog Trails
Other AmenitiesBasement, Golf, Tennis

Legal

ZoningR2

Other

Date Listed05/04/2026
Farm Land Area Units Square Feet
View Count1

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Newton, MA

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More Info

Basic Information

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Newton, MA