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$1,299,900
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 4513
LOT size: 0.07 Acres
437-439 High Street
Medford, MA 02155
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Property Description

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

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: House of Worship, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room, Office/Den
  • Common Interior Features: Lead Certification Available, Stone/Granite/Solid Counters, Tile Floor, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer, Washer Hookup
  • Common Heating: Central Heat, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators, Oil, Radiant, Steam
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 99600
  • Gross Expenses: 18956
  • Electric Expenses: 204
  • Water/Sewer: 2332
  • INSC: 5813
  • Repairs & Maintenance: 1000
  • Net Operating Income: 80644

Utilities

  • Heat Zones: 2
  • Cooling Zones: 1
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Electric Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Heat, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat, Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1918
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73302167
  • Last Updated: 10/19/24

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Map

Seller's Representative: The D'Agostino Team, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: n/a
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 2024-10-19 03:05:00

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