Based on comps and current market trends, this classic two-family in East Arlington should command monthly rent in the $5.6K–$7.3K range for both units combined. Larger units are in demand locally, with average rents for multi-family properties trending upwards by 0.5–2.5% for fall 2025[1]. With estimated annual rental income between $67K–$88K, payback period on the $1.1M list price would fall between 13–16 years, depending on renovations and lease-up time. Arlington’s vacancy rate remains low, supporting robust rental rates and quick tenant turnover[1]. The property’s period charm, garage and proximity to Alewife Station and Mass Ave all add notable value, but dated interiors or lack of central cooling could be hurdles for premium rents.
To maximize rental income, owners should consider updating kitchens and baths, refinishing hardwood floors, and potentially converting attic/basement space for additional living area. Modern amenities like in-unit laundry and central air would attract higher-paying tenants. If selling, market the home’s flexible layout and location near top-rated schools as key selling points for investors. Highlighting strong rental demand and Arlington’s unique seasonal market behavior could justify a premium price.