Off Market
307 Medford St, Somerville, MA
Somerville · MA 02143
- $2,900,000
- Price
- 9
- Beds
- 6
- Baths
- 7530
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1906
Units:
6 Units
Lot size:
4,219 Sq.Ft Lot
Price per square foot:
$385 / Sq.Ft
Parking:
No Parking
About this home
305-307 Medford St. in Somerville consists of a three story building with (6) units consisting of (2) four bedroom/one bathroom units and (4) three bedroom/one bathroom units. Located in the path of the future Green Line Extension, the property offers the rare opportunity to acquire an exceptionally well located asset with value add potential in of the hottest real estate markets in a region that is poised for future growth. The property offers the ability to add value to a well constructed, brick building through renovating the units and the potential opportunity to capture basement space by duplexing the first floor units with the basement. The location offers unparalleled access to the new Gilman Square Station of the Green Line Extension, less than 1/4 mile from the property. The subject property is ideal for a potential buyer looking for strong location with significant upside. Somerville's outlook is bright as rentals continue to increase at a steady rate.
Neighborhood & Transit
307 Medford St, Somerville · MA 02143
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Gilman Square Green 0.15 mi
Price Insight
- Days on Market:
- 1445 days
- Listing Price:
- $2,900,000
- Price per Sq.Ft:
- $385
- Tax Assessment:
- $2,251,900 in 2022
- Taxes:
- $1,910 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 7,530 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,219 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
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
- John Pentore
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73025919