$850,000
Active Under Contract
16 Days Online
4 Beds2 Baths1,929 SQFT
Active Under Contract

306 Riverside Ave Medford, MA 02155

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyMiddlesex
  • Taxes$6,360
  • HOA/Condo/Coop Fees$0
  • Days on Site15 Days
  • MLS StatusActive Under Contract
  • MLS ID Number73233008
  • Home Size Source Public Records
  • Year Built1910
  • Lot Size0.15 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Construction FramePost & Beam
  • Parking Off StreetPaved
  • Parking Spaces 5
  • Sewer Public Sewer
  • Electric 100 Amp Service200+ Amp Service
  • Basement FullInterior EntryBulkheadConcreteUnfinished
  • Number of Stories 4
  • Acreage 0.15
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Stone
  • Zoning SF2
  • Buyer Agent Compensation 2%
  • Facilitator Compensation 0
  • Compensation Based On Gross/Full Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0
  • Parking Features Off StreetPaved
  • Electricity 100 Amp Service200+ Amp Service

Interior Features

  • Flooring Wood
  • Interior Mudroom
  • Fireplaces 4
  • Window Features Insulated Windows
  • Fireplace Yes
  • Interior Features Mudroom

Exterior Features

  • Roof Shingle
  • Fencing Fenced
  • Spa No
  • Waterfront Property No
  • Lot Corner LotLevel
  • Lot Features Corner LotLevel

Community Features

  • Community Features Public TransportationShoppingParkWalk/ Jog TrailsBike PathHighway AccessMarinaPublic SchoolUniversityWalk/Jog Trails
  • Senior Community No
  • Adult Care Community No

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Monthly Payment (Est.)

$4,533
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