Sold

433 Medford St, Somerville, MA

Somerville · MA 02145

$1,420,000
Price
8
Beds
3
Baths
5318
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 2,584 Sq.Ft Lot
Price per square foot: $282 / Sq.Ft
Parking: No Parking

About this home

Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you?re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won?t last long?act now to secure your investment in this desirable neighborhood!

Neighborhood & Transit

433 Medford St, Somerville · MA 02145

Nearby transit

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

  • Magoun Square Green 0.29 mi
  • Gilman Square Green 0.32 mi

Price Insight

Days on Market:
659 days
Listing Price:
$1,500,000
Price per Sq.Ft:
$282
Tax Assessment:
$1,418,300 in 2024
Taxes:
Unknown

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
2
Half Bathrooms
2
Living Area
5,318 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5318
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
110 Volts, Other (See Remarks)

Exterior Features

Lot Size
2,584 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Aluminum
Roof
Unknown

Green Features

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

Listing information

Listing agent
Zachary Conley
Listing office
NextGen Realty, Inc.
MLS PIN #
73325651
Disclosure
Picture of units were prior to tenants moving in. The information provided herein is deemed to be reliable, but Buyer and/or Buyer's Agent are responsible for verifying all information to their satisfaction as part of their due diligence.