The property at 78 Everett St is a classic two-family in East Arlington, offering a total of 4 beds, 2 baths, and 2,240 sqft. Based on recent comps and local market data, each 2-bed/1-bath unit of similar size in Arlington rents for $2,800–$3,600/month. That places total monthly revenue potential between $5.6K and $7.3K. At an asking price of $1.095M, your estimated payback period (not accounting for expenses) is roughly 12–16 years, which is competitive for the area. Arlington is experiencing steady demand, particularly for larger units, with rent growth projected to end 2025 up 0.5–2.5%[1]. The property features hardwood floors, fireplaces, private porches, a two-car garage, and a private yard—prime amenities that attract renters looking for value and comfort. The main challenge is the building's age (1915), but well-maintained historic charm is a plus for many tenants.
To maximize rent, consider updating kitchens and baths or adding in-unit laundry—modern amenities really boost value in this market. If selling, highlight the potential for owner-occupancy plus rental income, and the proximity to top-rated schools, parks, and transit. If expansion is possible (walk-up attic, basement), explore the feasibility of adding living space, which could further increase rent and resale value. Keeping units well-maintained and offering flexible leasing terms will appeal to Arlington’s diverse renter pool.