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!
Property Details
Price:
$1,199,000
MLS #:
73230648
Status:
Active
Beds:
5
Baths:
3
Address:
17-19 Canal St
Type:
Multi Family
Subtype:
3 Family
City:
Medford
Listed Date:
Apr 30, 2024
State:
MA
Finished Sq Ft:
3,024
ZIP:
02155
Lot Size:
7,802 sqft / 0.18 acres (approx)
Year Built:
1910
Units:
3
Schools
Interior
Appliances
Washer, Dryer, Range, Dishwasher, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Wood
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Public School, T- Station, Sidewalks
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
6
Roof
Shingle
Financial
Buyer Agent Compensation
2%
Tax Year
2024
Taxes
$9,743
Map
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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 JamesCourtesy of Leading Edge Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
17-19 Canal St
Medford, MA
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