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Listing broker remarks

Location, location! Welcome to this exceptional investment opportunity in a prime location! Perched on a coveted corner lot, this well maintained property offers the perfect blend of convenience, comfort, and strong rental income potential. Situated in East Lexington, close to amenities, top-rated schools, and major highways, this home is ideal for both investors or owner-occupant. The property is currently tenant-occupied, generating strong rental income. Open layout, natural lighting and nice yard appeals to all! The full walk-out basement presents exceptional upside whether envisioned as a home gym, office, or finished suite, including a 256 s.f. storage room w/private exterior access. If you're looking to expand your investment portfolio or secure a property in a sought-after neighborhood, this home checks all the boxes. Don’t miss this opportunity to own a high-performing rental property in an unbeatable location! Potential ADU (Accessory Dwelling Unit) in full walk-out basement.— RE/MAX Andrew Realty Services

Key details

  • 1,884 sq ft
  • 11,340 lot sq ft
  • 3 beds
  • 1.5 baths
  • 1956 built
  • $716 / sq ft
  • $12,794 2026 taxes
MLS #
7⁠3⁠4⁠9⁠8⁠3⁠2⁠9⁠
Last updated
Address
52 Albemarle Ave.
Town
Lexington, MA
ZIP
02420
Deed (Bk/Pg)
73198 / 533

Map

Neighborhood: Lexington

National Historic Landmark

Federally designated as nationally significant — the highest U.S. historic recognition. Section 106 review applies to federal undertakings affecting the property.

National Register

Listed on the National Register of Historic Places. Owners may qualify for the 20% federal Historic Rehabilitation Tax Credit on certified rehabilitation work.

State Register

Listed on the Massachusetts State Register of Historic Places.

Local Historic District

Inside a Local Historic District. Exterior changes visible from a public way require approval from the local historic district commission.

Local Landmark

Individually designated by the town as a local landmark. Exterior alterations require commission approval.

MACRIS Inventory

Documented in MACRIS, the state historic inventory. Informational only — no regulatory constraints.

Article 85 (Boston)

Subject to Boston Article 85 demolition-delay review, which can pause demolition of buildings 50+ years old for up to 90 days.