This two-family property in East Arlington offers strong rent potential given its configuration—each unit has 2 bedrooms and 1 bath, with classic layouts, high ceilings, and hardwood floors. Based on comps and current market data, the projected gross monthly rent ranges from $5.6K to $7.3K, or $67K–$88K annually. This translates to a payback period of roughly 12–16 years (excluding expenses), which is solid for Arlington. Local rental demand remains high, with larger multi-family units seeing steady or rising rents despite some softness in smaller units. The walkable location, garage, and yard are attractive features, but the property is older and may require updates to maximize yield.
Consider light renovations—modern kitchens, updated baths, or energy-efficient systems can boost rent and tenant appeal. Maintaining hardwoods and period charm is key, but fresh paint and new appliances go a long way. For owners thinking of selling, market the property as turnkey for investors, emphasizing location, parking, expansion potential, and proximity to top-rated schools and transit. If holding, explore renting by-the-room or short-term furnished leases in the peak seasonal window for maximum returns.