REDEVELOPMENT OPPORTUNITY: Welcome to 57 Edward St in Medford. An early 1900’s (2) family located on a 10,500 SF lot w/ 70’ SF of frontage and 150’ SF of depth. This 6-bedroom 3-bathroom property is in a General Residence (GR) zone and offers a unique opportunity for developers, investors, or an owner occupant. The parcels frontage and depth SF present an opportunity to subdivide the lot into two separate parcels (Edward Street & Bennett Place), building options vary. The property is minutes from Tufts University, Assembly Row, and the Encore Casino. It’s highlighted by its proximity to the city of Boston and easy access to I-93. The property is surrounded by multiple forms of transportation to get you in and out of the city in 20 minutes or less (e.g., Ball Square Station (Green Line), Wellington Station (Orange Line), and W. Medford Station (Commuter Rail).

Property Details

Price:
$1,750,000
MLS #:
73197344
Status:
Active
Beds:
6
Baths:
3
Address:
57 Edward
Type:
Multi Family
City:
Medford
Listed Date:
Jan 29, 2024
State:
MA
Finished Sq Ft:
2,604
ZIP:
02155
Lot Size:
10,500 sqft / 0.24 acres (approx)
Year Built:
1913

Schools

Elementary School:
Colombus
Middle School:
Andrews Middle
High School:
Medford High

Interior

Appliances
None, Unit 2( Other ( See Remarks)), Unit 3( Range, Refrigerator), Utility Connections for Gas Range
Bathrooms
3 Full Bathrooms
Cooling
None, Unit 1( Window A C), Unit 2( Other ( See Remarks)), Unit 3( Window A C)
Fireplaces Total
1
Flooring
Wood, Carpet, Vinyl / V C T, Unit 1(undefined), Unit 3( Tile Floor)
Heating
Forced Air, Unit 1( Steam, Oil), Unit 2( Other ( See Remarks)), Unit 3( Forced Air, Oil)
Laundry Features
Washer Hookup, Unit 1 Laundry Room, Unit 1( Washer & Dryer Hookup)

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station, University, Sidewalks
Construction Materials
Frame
Exterior Features
Storage Shed
Parking Features
Off Street
Parking Spots
2
Roof
Shingle

Financial

Buyer Agent Compensation
2.0%
Tax Year
2023
Taxes
$7,894

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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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57 Edward
Medford, MA