luxury properties with reception room for sale Lexington, United States

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.

**One-Owner, Meticulously Maintained 3-Family — A Rare Find! **Pride of ownership shines throughout this exceptional three-family home, lovingly cared for by the same owner since day one. The spacious owner's unit offers three bedrooms and two full baths, gleaming hardwood floors, a cozy fireplace, and a large exterior deck perfect for entertaining or relaxing outdoors. Two additional one-bedroom units round out this versatile property — ideal for extended family or strong rental income. Every unit features the sought-after convenience of in-unit laundry. Whether you're an investor seeking a turnkey income property or an owner-occupant looking to offset your mortgage, this well-maintained gem checks every box. Properties like this rarely come to market — don't miss it! Multiple out buildings for storage. PLEASE NOTE: Some photos taken prior to current tenant on main level. One central forced air gas heating system for entire building, separate electric for each unit. 24 HOUR NOTICE REQUIRED FOR A SHOWINGS.