Off Market

387-389 Main St, Medford, MA

Medford · MA 01890

$1,100,000
Price
5
Beds
2.5
Baths
3024
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 2 Units
Lot size: 4,843 Sq.Ft Lot
Price per square foot: $364 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Welcome to 387-389 Main St ? a rare and versatile property offering endless opportunities for investors and business owners alike. The office provides the flexibility to either operate your business or lease out the space for additional income. 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 is ideal for various business needs with an open plan and includes an additional private meeting room with a convenient half bathroom. Both residential units have large eat in kitchens with 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. Both units have long term tenants and rent is below market value. 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.

Neighborhood & Transit

387-389 Main St, Medford · MA 01890

Nearby transit

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

  • Winchester Center Commuter Rail 1 route 0.30 mi
    • Lowell Line
  • Wedgemere Commuter Rail 1 route 0.38 mi
    • Lowell Line

Price Insight

Days on Market:
897 days
Listing Price:
$1,100,000
Price per Sq.Ft:
$364
Tax Assessment:
$750,500 in 2024
Taxes:
$533 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,024 Sq.Ft
Broker Disclosure about Living Area
SF is approximate and according to public record
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3024
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
220 Volts, Circuit Breakers

Exterior Features

Lot Size
4,843 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Steve McKenna & The Home Advan
Listing office
Gibson Sotheby's International Realty
MLS PIN #
73240898
Disclosure
SF is approximate and according to public record