Prime Jason Street Neighborhood opportunity across from Menotomy Rocks Park! Rarely available, this two-family home offers an exceptional location and tremendous potential for a buyer, investor, or developer looking to create something special. Situated directly across from the park and just steps to the pond, trails, Whole Foods, and all that the Jason Street neighborhood has to offer, this is a location that is hard to replicate. The property presents an exciting opportunity to renovate and reimagine the existing two-family home to suit your needs. Explore the potential to convert the property to a beautiful single-family residence, create an ADU, pursue a condominium conversion, or maintain it as a two-family home. The possibilities are particularly appealing for those looking to add value in a premier Arlington location.The home retains much of its original character and architectural detail, providing a wonderful foundation for a thoughtful renovation. There is a walk-up attic offering additional potential, while the basement features high ceilings and excellent storage or future-use possibilities. Several important improvements have already been made, including newer heating systems, hot water, windows, and roof, providing a head start for the next owner.The property also offers a nice yard with ample off-street parking. The existing parking area could accommodate multiple vehicles or potentially be reimagined to create a more expansive rear yard, garden, or outdoor living space. The home requires updating and renovation and will be sold in its current “as-is” condition. For the buyer with vision, this is a rare chance to create substantial value in an extraordinary neighborhood, whether as a personal residence, investment property, or development opportunity. Opportunities in this location and with this level of flexibility are rarely available.
Multi-familyProperty Type
1916Year Built
5,763 sq ftLot Size
$531Price/Sq.Ft.
6 spacesParking
Listed by Steve McKenna & The Home Advantage Team• Gibson Sotheby's International Realty
Jason Heights, located between Arlington Center and East Arlington, is a residential and walkable Arlington neighborhood with leafy side streets and a compact commercial strip. The neighborhood’s character concentrates around Massachusetts Avenue near Jason Street, where corner cafés, independent shops, and everyday services keep the sidewalks active. Local pillars include Kickstand Cafe, the Capitol Theatre, and Menotomy Grill & Tavern. Housing reads as classic Greater Boston: wood-frame multi-families, tidy porches, and small yards set along a gentle rise. Spy Pond Park and the Minuteman Bikeway shape daily routines with water views and a long, car-free route. A steady rhythm of buses along Mass Ave links the area to nearby squares and Cambridge.
Provided by Walk Score and Local Logic
Offer insights
124 Jason St · $1,299,000
$1.34M and above
75% chance or better to win
Why $1.34M+ is a strong offer
DAYS ON MARKET
18 days
The average home goes pending in 29 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fans
Floored, walk-up attic with storage
Crown molding
Living room
Dining room
Kitchen
Insulated and storm doors
Insulated and storm windows with screens
12 total rooms
Bathrooms
3 full bathrooms
Kitchen
Range
Dishwasher
Refrigerator
Flooring
Wood
Tile
Carpet
Hardwood
Heating & cooling
Steam heating (natural gas)
Two heating units
No central cooling units listed
Exterior features
Porch
Rain gutters
Level lot
Easements
Paved road frontage (public)
Publicly maintained road
Home design
Multi-family property
Three total stories
Three levels listed
Parking
Six off-street paved/open parking spaces
Paved driveway
Construction
Frame construction
Stone foundation
Shingle roof
Built (approximate year from public records)
Utilities
Public water
Public sewer
Electric service with circuit breakers
Gas available for range
HOA & community
Community amenities nearby: public transportation, shopping, parks, walk/jog trails, bike path, conservation area, sidewalks, private and public schools
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
The predominant uses in R1 are single-family dwellings and public land and buildings. The Town discourages intensive land uses, uses that would detract from the single-family residential character of these neighborhoods, and uses that would otherwise interfere with the intent of this Bylaw.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Infrastructure
Recreation
Park & open space
Local insights from Redfin agents
Arlington's location paired with its diverse housing stock of houses and condos has made it a desirable extension of the ever-popular Cambridge market. It is no longer a "backup" town, and has the convenience of what used to be called a "streetcar...