Off Market
208 Main St, Medford, MA
Medford · MA 02155
- $1
- Price
- 9
- Beds
- 9
- Baths
- 27808
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1926
Units:
44 Units
Lot size:
0.52 Acre Lot
Price per square foot:
$0 / Sq.Ft
Parking:
16 Garage Spaces · 33 Off Street Spaces
About this home
Brooks Park Apartments provides a prime investment opportunity for value add focused investors in Medford, Massachusetts. This 44-unit multifamily property features brick construction and offers a sought after value add profile. Situated in a sought-after core rental area in Greater Boston, the property includes 38 well-designed studios and 6 one-bedroom market-rate units. With 17 surface parking spaces and 16 garage spaces, parking needs are well accommodated.The investment's strategic foundation is built on current below-market rental rates. Promising potential lies in property renovation, centered around targeted enhancements such as kitchen and bathroom upgrades, mechanical system optimization, and common area updates. This plan incorporates utility cost pass-throughs to tenants and the establishment of market-aligned rents, poised to generate a substantial increase in net operating income and overall asset value.Located near Tufts University, the emerging Medford/Tufts T Station.
Neighborhood & Transit
208 Main St, Medford · MA 02155
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Medford/Tufts Green 0.45 mi
Price Insight
- Days on Market:
- 1179 days
- Listing Price:
- $1
- Price per Sq.Ft:
- $0
- Tax Assessment:
- $7,690,300 in 2023
- Taxes:
- $5,543 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 9
- Half Bathrooms
- 0
- Living Area
- 27,808 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 27808
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 60 Amps/Less
Exterior Features
- Lot Size
- 22,504 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 16 Parking Spaces
- Off Street Parking
- 33 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Jeremy Cyrier
- Listing office
- Mansard Commerical Properties
- MLS PIN #
- 73147632