Condo · MBTA

1475 Massachusetts Ave #463

Lexington, MA 2420 · MLS 73534693

$560,000

2 bd · 1 ba · 1,138 sqft

  • Beds2
  • Baths1
  • Sq Ft1,138
  • Year—
  • StyleOther
  • $ / Sq Ft$492
  • HOA$417/mo
  • Taxes$6,020
  • Parking2
  • Lot—
  • MLS73534693
  • StatusActive

About this home

One of the very few ever available affordable and moderate-income Lexington condominiums puts you in a prime Lexington Center location, one of the area's most desirable places to live. The owner will consider allowable seller concessions for an interest rate buy-down, closing costs, or prepaids to help make homeownership more affordable. CONVENIENCE: Everything you need is right outside your door. Stroll to Lexington Center for shops, restaurants, the library, the seasonal farmers' market, and the historic Battle Green. The Lexpress shuttle, stoping directly across the street, takes you to Wilson Farm, Stop & Shop, Market Basket, the Lexington Community Center, Burlington Mall, Arlington Heights, and other local hubs, while two MBTA commuter bus routes also with stops directly across from building link you directly to Alewife Station and the Red Line for an easy ride into Boston and Cambridge. Prefer to stay active? The Minuteman Bikeway and the Across Lexington trail system are close by for biking, walking, and jogging. FEATURES: Ride the elevator up to your top-floor corner unit retreat in one of Lexington's most iconic schoolhouse conversions. This sun-filled 2-bedroom condo features a spiral staircase to a loft bedroom, an eat-in kitchen, large bath and a glass slider to your private outdoor deck. Move right in and enjoy exceptional value in a well-maintained building with one permanent parking space, with extra spots for a second car or guests always available. On-site laundry and bike storage make daily life easier, and families can look forward to Lexington's renowned schools with year-round central enrollment. DETAILS: Muzzey High Condominiums, developed by LexHAB offers one of the only affordable path to home ownership in Lexington. To keep affordable LexHab limits both the resale price and buyer household income, increased annually. The resale value grows 5% per year from the most recent sale price and today this would be approximately $600,000 and as of 5/31/2026 income ceilings are high at $339,050 (1 person), $387,901 (2 people), and $402,440 (3 people). These are owner-occupied condominiums with short approved exceptions to the rental prohibition for approved reasons; a residential, not investment condo, good for families, singles, retirees and those who want a residential lifestyle.

Features

  • Range
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator

Location

DirectionsMore in Lexington

More about Lexington

Lexington Profile Snapshot
Primary Vibe Prestigious and historic suburb with revolutionary heritage, top schools, and green spaces. Popular with families seeking education quality and space.
Housing Prices Prices are generally higher. Single-family homes with larger lots command premiums. Limited condominium options.
Commute to Boston Bus and driving provide access. No direct subway. Parking and outdoor space are readily available.
Schools Served by Lexington Public Schools, which are highly regarded. Confirm assignments with the district.
Market Strong demand supported by schools and location. Updated homes near conservation land attract interest.
Housing Styles Primarily single-family homes. Outdoor space and larger lots are common.

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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.