Open House Jun 01, 2025
11:00 – 12:30
Don’t miss this exceptional chance to own a spacious 2-family home in a prime location- just steps to Morrison Park and minutes to Wellington Station. Whether you are an investor or a first-time homebuyer, this property offers outstanding potential! Unit 1 has 5 rooms: living room, dining room, eat-in kitchen, 2 bedrooms, 1 full bath, rear enclosed porch. Unit 2 (2nd & 3rd floors) 8 rooms spanning two levels. 2nd floor has living room, dining room, eat-in kitchen, 2 bedrooms, 1 full bath, enclosed back porch. 3rd floor: 2 additional bedrooms, full bath, and a versatile den/office area. Front porches, backyard patio, 2-car garage, plus 2 additional parking spots. Separate basement areas and utilities for each unit (1st floor: gas heat, 2nd floor: oil heat) hardwood floors and charming original details throughout. Less than a mile to Assembly Row’s shopping, dining, and entertainment and close proximity to MBTA bus routes, major highways, Logan Airport, and Downtown Boston.

Property Details

Price:
$1,175,000
MLS #:
73380733
Status:
Active
Beds:
6
Baths:
3
Address:
232 Central Ave
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Neighborhood:
Wellington
City:
Medford
Listed Date:
May 28, 2025
State:
MA
Finished Sq Ft:
3,484
Total Sq Ft:
3,484
ZIP:
02155
Lot Size:
4,256 sqft / 0.10 acres (approx)
Year Built:
1905
Units:
2

Schools

Elementary School:
Roberts
High School:
Medford

Interior

Appliances
Range, Dishwasher, Range Hood, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s), Wall Unit(s)
Fireplaces Total
2
Flooring
Tile, Laminate, Hardwood
Heating
Steam, Natural Gas, Individual, Electric, Oil
Laundry Features
Washer Hookup, Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T- Station, University, Sidewalks
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
2
Roof
Shingle

Financial

Net Operating Income
$55,200
Tax Year
2025
Taxes
$7,798

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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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232 Central Ave
Medford, MA