Welcome to 387-389 Main St – a rare and versatile property offering endless opportunities for investors and business owners alike. Perfectly positioned less than a mile from the Tufts Green Line stop and Route 93, this prime location has unparalleled access to local amenities, public transportation, and major highways. The office provides the flexibility to either operate your business or lease out the space for additional income. It has an open plan and includes an additional private meeting room with a convenient half bathroom. Both residential units have large eat in kitchens and a living room. The first residential unit features single level living with 2 beds and 1 bath and the second unit has 3 beds and 1 bath. Whether you’re looking to supplement your business with rental income or expand your investment portfolio, this is the perfect property to achieve your goals.

Property Details

Price:
$1,195,000
MLS #:
73293100
Status:
Active
Beds:
5
Baths:
2.5
Address:
387-389 Main St
Type:
Multi Family
City:
Medford
Listed Date:
Sep 20, 2024
State:
MA
Finished Sq Ft:
3,024
Total Sq Ft:
3,024
ZIP:
02155
Lot Size:
4,843 sqft / 0.11 acres (approx)
Year Built:
1890
Units:
2

Schools

Elementary School:
Missituk
Middle School:
Mcglynn/Andrews
High School:
Medford High

Interior

Appliances
Washer, Dryer, Range, Dishwasher, Refrigerator, None
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Flooring
Wood, Tile, Hardwood, Parquet, Carpet
Heating
Baseboard, Natural Gas, Forced Air
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Highway Access, Public School, T- Station, University
Construction Materials
Frame, Brick
Exterior Features
Rain Gutters
Parking Features
Shared Driveway, Off Street, Paved
Parking Spots
5
Roof
Shingle, Rubber

Financial

Tax Year
2024
Taxes
$6,394

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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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387-389 Main St
Medford, MA