Rare and large 3-family with huge rental potential. This could easily cap over 7%. Some minor cosmetics will take this to the next level. This property was bought and rehabbed in 2010. See updates list. All new kitchens, bathrooms, flooring, in addition to new siding and roof. Almost half of the windows were newly installed. All done in 2010. The porch and driveway were done in 2015. Rents listed are estimates. Units 1 and 3 are currently vacant. Unit 2 is TAW and is paying $2600 a month. Please refer to the floor plans to get the best sense of the size and space, especially for unit 2. This is one of the largest 3-family properties in Medford and will not last long. Come see why this is one of the best values on the market! Offers due Tuesday, 9/17 at 5pm.

Property Details

Price:
$1,299,900
MLS #:
73289431
Status:
Active Under Contract
Beds:
11
Baths:
4
Address:
104-108 Washington St
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Medford
Listed Date:
Sep 12, 2024
State:
MA
Finished Sq Ft:
4,584
Total Sq Ft:
4,584
ZIP:
02155
Lot Size:
4,144 sqft / 0.10 acres (approx)
Year Built:
1890
Units:
3

Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, Disposal
Bathrooms
4 Full Bathrooms
Cooling
Window Unit(s), Wall Unit(s)
Flooring
Tile, Vinyl, Hardwood
Heating
Baseboard, Natural Gas, Steam

Exterior

Community Features
Public Transportation, Shopping, Park, Highway Access, Public School, Sidewalks
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street
Parking Spots
4
Roof
Shingle, Rubber

Financial

Net Operating Income
$92,800
Tax Year
2024
Taxes
$10,296

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby

CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
104-108 Washington St
Medford, MA