New to Market ..this 2-family is within walking distance to Tufts University and the MBTA Commuter Line on Boston Avenue. Features include 1st floor unit has 5 rooms living room, dining room, kitchen and 2 bedrooms.1 full bath. 2nd floor unit has 6 rooms living room, dining room, kitchen and 2 bedrooms plus additional room used as a bedroom or office/den. Hardwood floors, new back deck w/ new stairs. New exterior paint. Roof was updated in 2016. Off street parking. One of the owners plans to remain as a tenant with a yearly lease – starting at $2,700/ per month. And will have the option to remain up to 5 yrs with a yearly increase of $100.00/month during each yearly lease (see Listing Agent for details) 2nd floor tenant has lived in 2nd floor unit for several years and pays $2000.00/mo. which is low for the area. That lease is up the end of March. 2nd floor unit will be shown first. Shown only by appointment 10 to 3pm each day. First floor unit only to be shown to serious Buyers.

Property Details

Price:
$949,900
MLS #:
73315870
Status:
Active
Beds:
5
Baths:
2
Address:
35-37 Pinkham Rd
Type:
Multi Family
City:
Medford
Listed Date:
Nov 26, 2024
State:
MA
Finished Sq Ft:
2,304
Total Sq Ft:
2,304
ZIP:
02155
Lot Size:
3,200 sqft / 0.07 acres (approx)
Year Built:
1914
Units:
2

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Flooring
Wood, Vinyl
Heating
Natural Gas

Exterior

Community Features
Public Transportation, Shopping, House of Worship, T- Station, University, Sidewalks
Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
2
Roof
Shingle

Financial

Net Operating Income
$24,000
Tax Year
2024
Taxes
$7,016

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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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35-37 Pinkham Rd
Medford, MA