Family-owned for over 90 years, this classic 2-unit Multifamily Home is a great value for a Savy Investor to rehab as an income property, owner-occupancy, Condo conversion or long-term investment hold. Solidly built and larger than most Medford 2-unit Multis. First floor unit has 2 Bedrooms and is highlighted by arched doorways leading from the spacious Dining Room to the Living Room and Music Room/Sunroom. Hardwood floors are under the carpet. The upstairs unit has 3 Bedrooms and gleaming hardwood floors. Each unit has washer & dryer and storage in the huge basement. Separate utilities including natural gas heat & hot water. The large lot has paved parking for 3-4 cars, a grassy back yard and garden area. This highly-desirable property is in a great commuter location just 10 minutes from downtown Boston. Will be delivered vacant and ready to go!

Property Details

Price:
$899,900
MLS #:
73379086
Status:
Active
Beds:
5
Baths:
2
Address:
223-225 Riverside Avenue
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Medford
Listed Date:
May 22, 2025
State:
MA
Finished Sq Ft:
2,628
Total Sq Ft:
2,628
ZIP:
02155
Lot Size:
6,002 sqft / 0.14 acres (approx)
Year Built:
1927
Units:
2

Schools

Elementary School:
John J Mcglynn
High School:
Medford Hs

Interior

Appliances
Range, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Vinyl, Carpet, Hardwood
Heating
Steam, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University, Sidewalks
Construction Materials
Frame
Exterior Features
Balcony/ Deck, Balcony, Rain Gutters, Garden
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
4
Roof
Shingle

Financial

Tax Year
2025
Taxes
$7,751

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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.,…

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223-225 Riverside Avenue
Medford, MA