$1,100,000
Active
13 Days Online
5 Beds3 Baths3,024 SQFT
Active

387-389 Main St Medford, MA 02155

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Welcome to 387-389 Main St – a rare and versatile property offering endless opportunities for investors and business owners alike. The office provides the flexibility to either operate your business or lease out the space for additional income. Perfectly positioned less than a mile from the Tufts Green Line stop and Route 93, this prime location has unparalleled access to local amenities, public transportation, and major highways. The office is ideal for various business needs with an open plan and includes an additional private meeting room with a convenient half bathroom. Both residential units have large eat in kitchens with a living room. The first residential unit features single level living with 2 beds and 1 bath and the second unit has 3 beds and 1 bath. Both units have long term tenants and rent is below market value. Whether you're looking to supplement your business with rental income or expand your investment portfolio, this is the perfect property to achieve your goals.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyMiddlesex
  • Taxes$6,394
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusActive
  • MLS ID Number73240898
  • Home Size Source Public Records
  • Year Built1890
  • Lot Size0.11 Acres
  • Full Baths2
  • Partial Baths1

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General Features

  • Construction FrameBrick
  • Parking Shared DrivewayOff StreetPaved
  • Parking Spaces 5
  • Sewer Public Sewer
  • Electric 220 VoltsCircuit Breakers
  • Basement FullInterior EntryConcreteUnfinished
  • Number of Stories 3
  • Acreage 0.11
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation StoneBrick/ MortarBrick/Mortar
  • Zoning C-1
  • Buyer Agent Compensation 2.0
  • Facilitator Compensation 2.0
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0
  • Parking Features Shared DrivewayOff StreetPaved
  • Electricity 220 VoltsCircuit Breakers

Interior Features

  • Heating BaseboardNatural GasForced Air
  • Appliances WasherDryerRangeDishwasherRefrigeratorNone
  • Flooring WoodTileHardwoodParquetCarpet
  • Interior Bathroom With Tub & ShowerLiving RoomKitchenOffice/Den
  • Fireplaces 0
  • Laundry Features Electric Dryer HookupWasher Hookup
  • Fireplace No
  • Interior Features Bathroom With Tub & ShowerLiving RoomKitchenOffice/Den

Exterior Features

  • Roof ShingleRubber
  • Spa No
  • Waterfront Property No
  • Exterior Rain Gutters
  • Lot Level
  • Patio And Porch Patio
  • Lot Features Level

Community Features

  • Community Features Public TransportationShoppingHighway AccessPublic SchoolT- StationUniversityT-Station
  • Senior Community No
  • Adult Care Community No

Schools

School District
Unknown
Elementary School
Missituk
Middle School
Mcglynn/Andrews
High School
Medford High

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Monthly Payment (Est.)

$5,872
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