Active
58 Days on market
145 Emerson Gardens Rd #145 Lexington — Photo 1 of 18

145 Emerson Gardens Rd #145 Lexington — Photo 1 of 18

Recent Drop: $10,000

$625,000
$615,000

$615,000

145 Emerson Gardens Rd #145, Lexington, MA 02420

Lexington, MA 02420

Beds

2

Baths

1

SqFt

1,160

Style

Condominium

Built

1965

Excellent investment opportunity in Lexington! Enjoy immediate cash flow from day one with a tenant already in place! Spacious 2-bedroom condo in the highly sought-after Emerson Gardens. This property offers outstanding rental history with its prime location and access to Lexington’s top-rated, world-class public schools. Perfect for commuters, it features easy access to major highway routes and public transportation, ensuring a seamless commute. Inside, enjoy a renovated bathroom and the convenience of an in-unit washer and dryer. Condo fee covers heat and hot water, significantly lowering monthly utility costs. Amenities include one assigned parking space, ample guest parking, a lovely association swimming pool, and nearby biking/jogging trails. Exceptionally close to shopping, dining, and premier supermarkets (H-Mart, Market Basket, Whole Foods, Trader Joe's). Don't miss this turnkey investment in one of Massachusetts' most desirable towns!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$530/sqft
Local Avg (Lexington)$587/sqft
10% BelowMarket Average

* Analysis is based on 11 actively listed and recently sold comparable properties strictly within Lexington, MA.

Property Details

Financials

Original Price$625,000
Annual Taxes$7,078
HOA Fee$567.82

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingOil
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRO

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Pool • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl First

Closet

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - With Tub

Property History

Price Drop
$615,000

Was $620,000

Aug 20, 2026

MLS® 73549365

Price Drop
$620,000

Was $625,000

Jul 22, 2026

MLS® 73549365

Listed
$625,000

Jul 13, 2026

MLS® 73549365

Population

16,215

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$245K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

14.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Sara You

Listing Office: Premier Realty Group

MLS® Number: 73549365

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