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$368,000
1 Beds 1 Baths
HOA
$325
SQFT
596
297 Main St
Medford, MA 02155
View Map

Property Description

Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.

Property Details

Amenities

  • Amenities: Public Transportation, Shopping, T-Station, University
  • Association Fee Includes: Exterior Maintenance, Hot Water, Landscaping, Laundry Facilities, Master Insurance, Reserve Funds, Snow Removal

Kitchen, Dining, and Appliances

  • Kitchen Level: First Floor
  • Dishwasher, Disposal, Range, Refrigerator
  • Dining Room Level: First Floor

Bathrooms

  • Full Baths: 1

Bedrooms

  • Bedrooms: 1
  • Master Bedroom Level: First Floor

Other Rooms

  • Total Rooms: 3
  • Living Room Level: First Floor

Utilities

  • Heating: Electric
  • Heat Zones: 2
  • Cooling: Window AC
  • Electric Info: 110 Volts, 220 Volts
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Range
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 596
  • Unit Building: 3
  • Unit Level: 1
  • Unit Placement: Garden|Ground
  • Security: Intercom
  • Floors: 1
  • Pets Allowed: No
  • Laundry Features: Common, In Building
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Type: Condo
  • Complex Complete: Yes
  • Number of Units: 17
  • Elevator: No
  • Condo Association: U
  • HOA Fee: $325
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 1971
  • Style: High-Rise
  • Construction Type: Brick
  • Flooring Type: Laminate, Tile
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Garage Parking: Assigned, Deeded
  • Parking Features: Assigned, Deeded, Off-Street
  • Parking Spaces: 1

Exterior & Grounds

  • Pool: No

Other Information

  • MLS ID# 73491586
  • Last Updated: 03/25/26

Mortgage Calculator

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Map

Seller's Representative: Chuck Silverston Team, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
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 2026-03-25 13:29:00

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