This well-maintained, four-level multi-family property offers a prime investment opportunity or a perfect owner-occupied home. Located on a quaint street just blocks from Medford Square, minutes from Boston, and off Rt 93, the property features two units. The first unit has three bedrooms and one bath, while the second unit includes four bedrooms, one bath, a bonus room, a roughly plumbed bathroom, and additional unfinished living space. Both units offer in-unit laundry and access to common outdoor space. Recent updates include a newer heating system and newer water heaters and basement ready to be finished. This is a chance to invest in a desirable Boston suburb. SOLD AS-IS

Property Details

Price:
$1,075,000
MLS #:
73274629
Status:
Active
Beds:
8
Baths:
3
Address:
31-33 Emerald Street
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Medford
Listed Date:
Aug 7, 2024
State:
MA
Finished Sq Ft:
3,456
Total Sq Ft:
3,456
ZIP:
02155
Lot Size:
3,600 sqft / 0.08 acres (approx)
Year Built:
1915
Units:
2

Schools

Interior

Appliances
Range, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s), Wall Unit(s)
Flooring
Tile, Vinyl, Concrete, Hardwood, Stone/ Ceramic Tile
Heating
Baseboard, Natural Gas, Hot Water
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Conservation Area, House of Worship, Public School, University
Construction Materials
Conventional (2×4-2×6)
Exterior Features
Rain Gutters, Other
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$30,000
Tax Year
2024
Taxes
$7,698

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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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31-33 Emerald Street
Medford, MA