Property Description

530-532 Medford Street is a 3-unit multifamily property located in Charlestown, where multifamily assets rarely trade hands. The property features one 4-bedroom / 2-bathroom unit, one 2-bedroom / 1-bathroom unit, and one studio unit, all with private laundry setups plus porches off the back. Exceptionally maintained by the same owners for decades, Medford Street presents a unique value-add opportunity with immense upside from current rents. It is perfect for owner occupied buyers, as the 4-bed / 2-bath unit has its own private entrance, while the other two units have their own entrance. Condo conversion opportunities are also possible, potentially as two townhouse style condos, or three condos using current layouts. Utilities are fully separate (other than water/sewer) with three gas boilers heating FHW baseboards, three hot water tanks, and separate electric. Close to the Orange Line, bus routes, Route 93, Bunker Hill, Assembly Square, Encore Casino, and Downtown Boston.