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Key Details
Sold Price $1,240,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $615
MLS Listing ID 73270552
Sold Date 10/10/24
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $6,810
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
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.
Location
State MA
County Middlesex
Zoning RES
Direction Main St to Yale St
Rooms
Basement Full, Unfinished
Interior
Interior Features Living Room, Dining Room, Kitchen
Flooring Wood
Appliance Range, Dishwasher, Disposal, Refrigerator
Exterior
Fence Fenced/Enclosed
Pool Above Ground
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, T-Station, University
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Block
Sewer Public Sewer
Water Public
Schools
High Schools Medford
Others
Senior Community false
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Bought with Gianni De Palma • GDP Real Estate Group, LLC
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Jim Armstrong
Team Leader/Broker Associate | License ID: 9074205
Team Leader/Broker Associate License ID: 9074205