Property Attributes
- MLS#73206983
- TypeMulti-Family
- CountyMIDDLESEX
- CityMedford
- Zip02155
- Style5+ Family - 5+ Units Up/Down
- Year Built1900
- Taxes$ 14569
- Price$ 2,495,000
- Bedrooms9
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage4785
- Lot Size11,761 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Recently renovated 5 Unit building with 7+ off street parking spots and private decks for 4/5 units. Updates completed in 2013 and include re-shingled roof, paved driveway, stone front steps, new windows, electrical service from the street and panels, replaced all cast plumbing with PVC, kitchens, baths, flooring, appliances, water heaters etc. Brand new building boiler in 2020 and new bathroom for the top floor 3 bedroom in 2024. Shared coin operated laundry in basement kicks off additional income. Large private portion of the basement for owner storage. Units are separated for electric, hot water and gas (kitchen ranges). Strong rental history.
Price History | |
---|---|
2/29/2024 | Listed $2,495,000 |
General Features
Sewer | Public Sewer |
---|---|
Utilities | for Gas Range |
Roof | Shingle |
Zoning | Res |
Patio/Porch Features | Porch,Deck |
Construction Materials | Frame |
Year Built | 1900 |
Electric | Circuit Breakers |
Property SubType | 5+ Family - 5+ Units Up/Down |
Tax Year | 2024 |
Gross Income | 159600 |
County | Middlesex |
Net Operating Income | 131464 |
Operating Expense | 30636 |
Property Type | Residential Income |
Garage Y/N | No |
Total Rooms | 20 |
Status | Active |
Directions | Salem Street to Park Street |
City | Medford |
Disclosures | Agent has ownership interest. Laundry in-unit for top floor 3 bed. Shared coin operated laundry for other four units in basement. |
Senior Community Y/N | No |
Total Units | 5 |
Lot Size Square Feet | 11630 |
Waterfront Y/N | No |
Street Name | Park St |
Year Built Details | Approximate |
Tax Annual Amount | 14569 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Year Built Source | Public Records |
Tax Assessed Value | 1710300 |
Total Actual Rent | 12750 |
Compensation Based On | Gross/Full Sale Price |
Sub-Agency Relationship Offered | No |
Interior Features
Basement | Full,Partially Finished,Walk-Out Access,Concrete |
---|---|
Flooring | Wood,Tile,Vinyl |
Total Stories | 9 |
Fireplace Y/N | No |
Full Baths | 5 |
Total Bedrooms | 9 |
Total Baths | 5 |
Exterior Features
Fencing | Fenced |
---|---|
Parking Features | Paved Drive,Off Street,Paved |
Water Source | Public |
Total Parking | 10 |
Lot Size Area | 0.27 |
Foundation Details | Stone,Brick/Mortar |
Spa | No |
Building Area Total | 4785 |
Lot Size Acres | 0.27 |
Lot Size Units | Acres |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool