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79 Days on Jacob RealtyPrice Reduced $200,000
26
$2,295,000
Total Beds: 9 Total Baths: 5
Total Units: 5 SQFT: 4785
LOT size: 0.27 Acres
91-93 Park St
Medford, MA 02155
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Property Description

Recently renovated 5 Unit building with 7+ off street parking spots and private decks for 4/5 units. Updates completed in 2013 and include re-shingled roof, paved driveway, stone front steps, new windows, electrical service from the street and panels, replaced all cast plumbing with PVC, kitchens, baths, flooring, appliances, water heaters etc. Brand new building boiler in 2020 and new bathroom for the top floor 3 bedroom in 2024. Shared coin operated laundry in basement kicks off additional income. Large private portion of the basement for owner storage. Units are separated for electric, hot water and gas (kitchen ranges). Strong rental history.

Property Details

Building Information

  • Total Units: 5
  • Total Floors: 9
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Basement Features: Concrete Floor, Full, Partially Finished, Walk Out
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Gross Operating Income: 162100
  • Gross Expenses: 30636
  • Net Operating Income: 131464

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73206983
  • Last Updated: 05/12/24

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Map

Seller's Representative: Jonathan Caldwell, ACRE Property Advisors LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-05-12 03:05:00

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