$1,240,000
5
Beds
2
Baths
2,016
Living Area
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Property Description
Nestled in the heart of a prime Tufts University location, this expansive two-family home beckons with promise and offers an oversized lot. Investors keen on the rental market will appreciate the dual-income potential that a two-family home brings. With the demand for rental properties in proximity to educational institutions, this residence could serve as a lucrative source of income. An oversized two family with this much space, in one of the most desirable areas of Medford, does not come along very often. The close proximity to all the shops & restaurants that Medford & Somerville has to offer is ideal for any homeowner & having Tufts University directly across the street is a landlord's dream! Both units boast large eat in kitchens, charming built-ins & plenty of storage, off street parking, steps to the new Green Line & an oversize backyard and adjacent lot makes this the best deal in Medford.
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Highlights
- Parking Spots: 8
- Property Type: Multi Family
- Year Built: 1900
- Property Class: Residential Income
- Total Rooms: 11
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator
- Exclusions: 2nd Floor Refrigerator, Washer, Dryer Not Included
- Foundation: Block
- Lot Features: Corner Lot
- Year Built Details: Actual
- Zoning: Res
- Basement: Full, Unfinished
- Flooring: Wood
- Interior Features: Living Room, Dining Room, Kitchen
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, T-Station, University
- Pool Features: Above Ground
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 100 Amp Service, 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $799,300
- Taxes: $6,810
- Tax Year: 2024
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Listing information provided courtesy of GDP Real Estate Group, LLC.
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