387-389 Main St Medford, MA

$1,100,000
Beds 5
Baths 2.5
Square Feet 3,024
Acres 0.11
Photo of 387-389 Main St Medford MA 02155




Description

This rare and versatile property offers endless opportunities for investors and business owners alike. 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 provides the flexibility to either operate your business or lease out the space for additional income. It has an open plan and includes an additional private meeting room with a convenient half bathroom. Both residential units have large eat in kitchens and 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. 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 is zoned C-1 and allows for a variety of uses and opportunities.


Listed by Gibson Sotheby's International Realty, Steve McKenna & The Home Advantage Team

Details

MLS 73293100
Status Active
Price $1,100,000
DOM 83 days
Type Multi-Family
Beds 5
Total Baths 2 full, 1 half baths
Square Feet 3,024 sqft
Lot Size 0.11 acres
Year Built 1890

Lot & Building Features

Appliances Dishwasher, Washer, Refrigerator, Range, None, Dryer
Construction Brick, Frame
Heating Baseboard, Natural Gas, Forced Air
Sewer Public Sewer
Tax Year 2024
Taxes Paid $6,394
Water Public
Foundation Brick/Mortar, Stone
Exterior Features Rain Gutters
Interior Features Bathroom With Tub & Shower, Office/Den, Living Room, Kitchen
Roof Rubber, Shingle
Full Baths 2
Half Baths 1
Parking Off Street, Shared Driveway, Paved
Total Rooms 11
Basement Feature Concrete, Unfinished, Interior Entry, Full
Garage Spaces 0

Schools

Elementary School Missituk
Junior High School Mcglynn/Andrews
Senior High School Medford High

Multi-Family Home for Sale: 387-389 Main St, Medford, MA 02155

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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