$1,625,000
10
Beds
4
Baths
3,986
Living Area
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Property Description
Welcome to your next investment opportunity in Medford! This exceptional 3+ unit multifamily property features a total of 10 bedrooms and 4 baths. Being sold with an abutting lot of land at "0 Cherry St.", additional 6,807 sq ft of land accessed via Almont Ct, the potential for private parking or creating outdoor retreats. 3 main units each have 3 bedrooms, 1 bath, living room, dining room and in unit laundry. Enjoy the abundant natural lighting that accentuates the hardwood and ceramic tile floors throughout each unit. Separate meters make managing expenses straightforward and efficient. This property is perfect for commuters with easy access to public transportation and to Boston. Don't miss this rare chance to own a multifamily property in Medford. Schedule a showing today and explore the options and potential of this remarkable investment opportunity.
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Highlights
- Heating: Forced Air, Natural Gas, Electric
- Property Type: 3 Family
- Year Built: 1900
- Property Class: Residential Income
- Total Rooms: 24
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame, Conventional (2x4-2x6)
- Flooring: Wood, Tile, Vinyl, Carpet, Hardwood, Stone/Ceramic Tile
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub, Smart Thermostat, Living Room, Dining Room, Kitchen, Laundry Room
- Roof: Shingle
- Year Built Details: Actual
- Zoning: Gr
- Basement: Partial, Interior Entry
- Exterior Features: Balcony/Deck, Rain Gutters
- Foundation: Stone, Granite
- Lot Features: Other
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Highway Access, House of Worship, Public School
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Utilities
- Electric: Circuit Breakers, 60 Amps/Less
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $910,600
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,758
- Buyer Agent Compensation: 2%%
- Facilitator Compensation: 2%%
- Tax Year: 2024
- Total Rent: $2,400
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