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297 Main St Unit 3, Medford, MA

Medford · MA 02155

$335,000
Price
1
Beds
1
Baths
596
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $325 / mo
HOA Fees Include
Hot Water, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds, Management Fee
Special Assessment
Unknown
Floor: 1st floor
Pets: Unknown
Parking: 1 Off Street Space
Heating & cooling: Heat, Electric, Window AC
Laundry: In Building Laundry

About this home

Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.

Neighborhood & Transit

297 Main St, Medford · MA 02155

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Medford/Tufts Green 0.38 mi

Price Insight

Days on Market:
224 days
Listing Price:
$339,000
Price per Sq.Ft:
$569
Tax Assessment:
$318,000 in 2025
Taxes:
$213 / Monthly
HOA Fee:
$325 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
1st | Ground, Garden
Facing Direction
West
Elevator
No
Handicap Access
Unknown

Interior Features

Bedrooms
1
Full Bathrooms
1
Half Bathrooms
0
Living Area
596 Sq.Ft (Includes Basement)
Kitchen
Main Floor, Dishwasher, Range, Garbage Disposal, Refrigerator
Primary Bedroom
Main Floor
Laundry
Common, In Building, Main Floor
Living levels
1
Rooms
3
Above grade area
0
Flooring
Tile, Laminate
Lead paint
Unknown

Utilities

Heating Type
Electric
Heating Zone
2
Cooling
Window AC
Cooling Zones
Unknown
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
110 Volts, 220 Volts

Exterior Features

Outdoor Space
Unknown
Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space, Off-Street, Assigned, Deeded

Home Owner Association information

Restrictions
Unknown
HOA
$325 / Monthly
HOA Includes
Hot Water, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds, Management Fee
Special Assessment
Unknown
Security
Intercom

Room details

Living room level
First Floor
Dining room level
First Floor

Listing information

Listing agent
Chuck Silverston Team
Listing office
Gibson Sotheby's International Realty
MLS PIN #
73491586
Disclosure
Seller has never lived in unit, Please confirm buyer is an investor as unit is rented for $2,120/month till 5/31/27. Some exterior photos digitally enhanced, and some interiors virtually staged.

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