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433 Medford St

Somerville, MA 02145
  • $1,595,000
  • STATUS: Active
  • MLS #: 72951725
UPDATED: 35 min ago
$1,595,000
  • 8
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 5,316
    SQFT
  • $300
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Listing courtesy of Todd Glaskin of Coldwell Banker Realty - Newton.

Description

Come see a rarely available mixed-use retail/residential building in a PRIME Somerville location near Magoun Square and the Green Line extension. Great corner visibility and signage. Both ground-level retail spaces are leased through 2026. Above, find two full-floor 4+ bedroom apartments with living room, eat-in kitchen, pantry and a large home office/potential bedroom. These residential units offer beautiful detail, hardwood flooring and an ideal layout. The new Gilman Square Green Line station will offer easy access to Boston, or stay in town and visit some of Somerville's best restaurants, shopping and more. Priced for immediate sale with over $100,000 of gross income in place with the potential for future rent increases on both the retail AND residential units.

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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. Data last updated 2022-06-30T09:09:57.737.
www.revrealtyma.com/homes/126589616
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433 Medford St Somerville, MA 02145

  • Price: $1,595,000
  • Status: Active
  • On Site: Days
  • Updated: 35 min ago
  • MLS #: 72951725
8
Beds
2
Baths
1
½ Baths
0.06
Acres
5,316
SQFT
$300
$/SQFT
1900
Built
Neighborhood:
Other
County:
Middlesex
Area:
Other
Property Description
Come see a rarely available mixed-use retail/residential building in a PRIME Somerville location near Magoun Square and the Green Line extension. Great corner visibility and signage. Both ground-level retail spaces are leased through 2026. Above, find two full-floor 4+ bedroom apartments with living room, eat-in kitchen, pantry and a large home office/potential bedroom. These residential units offer beautiful detail, hardwood flooring and an ideal layout. The new Gilman Square Green Line station will offer easy access to Boston, or stay in town and visit some of Somerville's best restaurants, shopping and more. Priced for immediate sale with over $100,000 of gross income in place with the potential for future rent increases on both the retail AND residential units.
Exterior Features

Beachfront No Foundation Other (See Remarks) Lot Description Corner Parking Features On Street Permit Parking Spaces 0 Road Type Public Waterfront Flag No

Interior Features

Basement Yes Basement Features Full Bedrooms Unit1 4 Bedrooms Unit2 4 Bedrooms Unit3 0 Bedrooms Unit4 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring WoodTile Floors Unit1 2 Floors Unit2 3 Floors Unit3 1 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 0 Full Baths Unit4 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 1 Half Baths Unit4 1 Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 16 Rooms Description Unit1 Living RoomDining RoomKitchen Rooms Description Unit2 Living RoomDining RoomKitchen Rooms Unit1 7 Rooms Unit2 7 Rooms Unit3 1 Rooms Unit4 1

Property Features

Amenities Public TransportationShoppingLaundromatHighway AccessT-StationUniversity Apod Available No Assessments 1365200.00 Disclosure No Disclosures Both Residential Units Are Taw Under Sect 8. One Unit Behind On Rent. Phase I 21E On File. Gross Operating Income 101400 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 4 Family - 4 Units Up/Down Net Operating Income 101400 Rent Unit1 2800 Rent Unit2 2040 Rent Unit3 1750 Rent Unit4 1900 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2022 Taxes 23003.62 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Rb

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Todd Glaskin of Coldwell Banker Realty - Newton.


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. Data last updated 2022-06-30T09:09:57.737.
 
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Revolution Realty
90 Canal Street, 4th Floor
Boston MA, 02114
Listing courtesy of Todd Glaskin of Coldwell Banker Realty - Newton.