Medford 2-family – Prime location abutting a quiet neighborhood, walking trails along Mystic River through the school, easy access to 93, Riverside Yacht Club/Marina, and under 2 minutes to Meadow Glen mall (Wegman’s, Dicks, Marshalls, etc and close proximity to Wellington Square! 2 units side by side with common vestibule, huge fenced front and rear yard, 5-6 off-street parking spots, turnkey with strong historical rents. Units have historical charm with exposed beams, wide pine floors, fireplaces, cathedral primary bedrooms. Left side unit is tenanted through the end of May, right side unit is vacant. See historical rental data in paperclip attachment. Zoning study also available via paperclip. Great opportunity to get into the Medford market with a 5.68% CAP rate investment property! See firm remarks for property website.
Property Details
Price:
$850,000
MLS #:
73233008
Status:
Active
Beds:
4
Baths:
2
Address:
306 Riverside Ave
Type:
Multi Family
Subtype:
2 Family – 2 Units Side by Side
City:
Medford
Listed Date:
May 3, 2024
State:
MA
Finished Sq Ft:
1,929
ZIP:
02155
Lot Size:
6,513 sqft / 0.15 acres (approx)
Year Built:
1910
Schools
Interior
Bathrooms
2 Full Bathrooms
Fireplaces Total
4
Flooring
Wood
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Bike Path, Highway Access, Marina, Public School, University
Construction Materials
Frame, Post & Beam
Parking Features
Off Street, Paved
Parking Spots
5
Roof
Shingle
Financial
Buyer Agent Compensation
2%%
Tax Year
2024
Taxes
$6,360
Map
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Courtesy of JR Associates. 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.
306 Riverside Ave
Medford, MA