17 Tesla Ave Medford MA 02155 MLS #73194005

Nestled in the heart of a prime Tufts University location, this expansive two-family home beckons with promise & potential. Investors keen on the rental market will appreciate the dual-income potential that a two-family home brings. With the demand for rental properties in proximity to educational institutions, this residence could serve as a lucrative source of income. An oversized two family with this much space in one of the most desirable areas of Medford does not come along very often. The close proximity to all the shops & restaurants that Medford has to offer is ideal for any homeowner & having Tufts University directly across the street is a landlords dream! Finding renters has never been an issue for this seller. Both units boast large eat in kitchens, charming built-ins & carpeting throughout with potentially gorgeous floors underneath. Plenty of storage, off street parking, steps to the new Green Line & large backyard makes this the best deal in Medford.

Property Details

Price:
$1,050,000 / $1,430,000
MLS #:
73194005
Status:
Closed ((Mar 15, 2024))
Beds:
7
Baths:
2
Address:
17 Tesla Ave
Type:
Multi Family
City:
Medford
Listed Date:
Jan 16, 2024
State:
MA
Finished Sq Ft:
2,976
ZIP:
02155
Lot Size:
5,749 sqft / 0.13 acres (approx)
Year Built:
1900

Schools

Interior

Appliances
Range, Disposal, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Flooring
Carpet, Laminate, Wood

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, T- Station, University
Parking Features
Paved Drive, Off Street
Parking Spots
2

Financial

Buyer Agent Compensation
2.25%
Net Operating Income
$28,800
Tax Year
2023
Taxes
$8,115

Map

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17 Tesla Ave
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