Open House Oct 20, 2024
12:00 – 01:30
Open House Oct 19, 2024
12:00 – 01:30
Tremendous investment opportunity in the heart of West Medford Square. Renovated in 2012 this mixed use 14 room residential/commercial building includes 1 retail space and 2 expansive residential units with off street parking. Nestled within the transit oriented urban oasis of West Medford, just 500 feet from the commuter rail, amongst some of the trendiest spots in the city. Each residence includes, hardwood floors, insulated walls with 9-foot ceilings, updated windows and roof. Oversized eat in kitchens with gas cooking, granite counter tops, and in unit washer and dryers. The first floor offers 1443 sf of retail space with half bath, separate heat and CA. Leased out to 10/25 with a 5-year option to renew. Easy access to additional public transportation, Route 16, 93 and Route 2, just 0.5 miles to Whole Foods Market, 1.3 miles to Tufts University and 8 miles to Logan International airport. Do not miss this amazing opportunity!

Property Details

Price:
$1,299,900
MLS #:
73302167
Status:
Active
Beds:
6
Baths:
2.5
Address:
437-439 High Street
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
West Medford
City:
Medford
Listed Date:
Oct 15, 2024
State:
MA
Finished Sq Ft:
4,513
Total Sq Ft:
4,513
ZIP:
02155
Lot Size:
3,045 sqft / 0.07 acres (approx)
Year Built:
1918
Units:
3

Schools

Elementary School:
Brooks
Middle School:
Andrews
High School:
Mhs

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Oven
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile, Hardwood
Heating
Oil, Steam, Natural Gas
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Tandem
Parking Spots
4
Roof
Shingle, Rubber

Financial

Net Operating Income
$80,644
Tax Year
2024
Taxes
$9,729

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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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437-439 High Street
Medford, MA