24-30 Linden Street is an 8-unit apartment building located in the heart of Medford, surrounded by both current and future development opportunities. The building is comprised of (4) one-bedroom, (3) two-bedroom, and (1) three-bedroom units, along with onsite parking. Additionally, there is a new common laundry room onsite, and all utilities are separate except for water and sewer. The property offers value-add potential through performing light unit upgrades to the kitchens and bathrooms and marking all rents to market level. The exterior of the property underwent several upgrades in 2024. Positioned in the heart of Medford, 24-30 Linden Street is surrounded by Tufts University, Somerville, Assembly Row, and Everett. The property is close to Fellsway Plaza and numerous other shopping, dining, and entertainment options. Route 93 is less than a mile away, providing excellent access to Boston, along with bus routes at the end of the street.

Property Details

Price:
$2,675,000
MLS #:
73298517
Status:
Active
Beds:
13
Baths:
8
Address:
24-30 Linden St
Type:
Multi Family
Subtype:
5-9 Family
City:
Medford
Listed Date:
Oct 3, 2024
State:
MA
Finished Sq Ft:
6,282
Total Sq Ft:
6,282
ZIP:
02155
Lot Size:
10,018 sqft / 0.23 acres (approx)
Year Built:
1880
Units:
8

Schools

Interior

Bathrooms
8 Full Bathrooms
Flooring
Wood

Exterior

Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
8
Roof
Rubber

Financial

Net Operating Income
$126,317
Tax Year
2024
Taxes
$14,472

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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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24-30 Linden St
Medford, MA