$1,200,000
6
Beds
2
Baths
2,723
Living Area
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Property Description
Fantastic turnkey investment opportunity in a prime Medford location. This spacious two-family in mint condition is fully rented with strong income potential. Each unit spans two levels with bright living and dining areas, large eat-in kitchens, hardwood floors, tall ceilings, in unit laundry, dedicated storage and sunrooms. Unit 1 offers 3 bd and 1 ba. Unit 2 features 3 bd, 1 ba, and a versatile extra space. 1 parking space. Updated kitchens with new cabinets, quartz countertops, backsplash, and all new stainless steel appliances, along with updated bathrooms. New high-efficiency gas furnace and heat pump systems for each unit, Central AC, and hot water tanks (2022). Vinyl siding, vinyl windows, roof circa 2010/13, and large yard. Gas and electricity separately metered. Steps to Tufts University, Green Line, Medford Square, restaurants, shops, and bus routes, with easy access to Routes 93 and 16. Ideal for investors seeking a turnkey property in a prime, high-demand location
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Highlights
- Area: Tufts University
- Heating: Central, Heat Pump, Natural Gas, Electric
- Parking Spots: 1
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 12
- Status: Closed
- Cooling: Central Air, Heat Pump
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1910
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Additional Details
- Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
- Construction: Frame
- Flooring: Tile, Hardwood
- Interior Features: Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Sunroom
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Na
- Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
- Exterior Features: Balcony/Deck
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,015,400
- Tax Year: 2026
- Total Rent: $6,700
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks))
- Taxes: $8,763
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Listing information provided courtesy of Red Bow Realty.
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