Unit Information
Large Mansard-style 3-family property situated in the sought-after West Medford area. The 1st floor features a 2-bed unit with a dining room, while the 2nd floor offers another 2-bed unit with dining room + office space. The 3rd floor contains a 1-bed unit. The spacious basement is equipped with separate heating, hot water, & electric systems for each unit, reducing the landlord's expenses. The property is fully tenanted, with lease renewals scheduled for mid-2024. It rests on a sizable lot with plenty of parking for each unit, making it suitable for future condo conversion. The property generates a gross monthly income of $6,150, with potential for growth. This location is a commuter's dream, situated just 0.2 miles from the West Medford commuter rail station & offering easy access to commuter routes such as I-93, Route 2, and Route 16, as well as numerous bus stops. The property provides convenient access to Tufts University, Whole Foods, & a variety of shops & restaurants!
- Additional Details
- Status: ACT
- Type: Multi-Family, 3 Family
- Area: West Medford
- Zip Code: 02155
- Living Levels: 6
- Selling Broker Compensation: 2
- Buying Broker Compensation: 2
- Parking
- Parking: Off Street
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 6
- Total Rooms: 16
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$1,199,000
- Listing ID: 73230648
- Bedrooms: 5
- Full Baths: 3
- Living Area: 3,024 sqft Convert
- Lot Size: 7,802 sqft Convert
- Acres: 0.18
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |