Stunning Tufts University residence situated on the Medford/Somerville Line. A sturdy 4-family building, complemented by a 3-car garage with off-street parking, awaits its new owner. This property has been cherished by a family for over 75 years.This home comprises 3, one-bedroom units plus a chic, remodeled 2-bedroom, 2-full-bath apartment. Its prime location is a significant draw, offering easy access to the New MBTA Ball Square Green Line T station, Tufts U, and the Trendy shops and restaurants of Medford, Ball Square & Davis Square, Somerville.This FULLY RENTED, stabilized asset presents substantial upside potential. It also holds the possibility for a condo conversion. Recent improvements in 2025 include a newly paved driveway valued at over $20K and new vinyl fencing. Located in a high-demand area with a proven rental history, this property offers a unique opportunity to possibly capitalize on the 100% Bonus Depreciation available under the new tax laws with a cost seg study.
- Heating System:
- Unit Control, Oil, Common, Baseboard
- Cooling System:
- None, Wall Unit(s)
- Basement:
- Full, Sump Pump, Interior Entry, Unfinished, Concrete
- Parking:
- Off Street, Paved, Paved Drive, On Street
- Appliances:
- Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Construction:
- Frame
- Exterior Unit Features:
- Rain Gutters
- Flooring:
- Tile, Hardwood, Varies
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Circuit Breakers, Individually Metered
- Garage Parking:
- 3
- Interior Features:
- Internet Available - Unknown, Kitchen, Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Open Floorplan, Ceiling Fan(s), Living Room, Remodeled, Laundry Room
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 2(heat, Unit 4(heat, Water), Unit 1(heat, Unit 3(heat
- Area:
- Tufts University
- Grade School:
- Ask City
- High School:
- Medford High
- Middle School:
- Ask City
- Market Time:
- 20
- Parking Spaces:
- 7
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $492
- Zoning:
- GR
- No Units:
- 4
- Orig Price:
- $1,699,999
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Medford
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02155
- Longitude:
- W72° 53' 26.5''
- Latitude:
- N42° 24' 14.2''
Residential Income
31 Wareham St, Medford, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,699,999
- Bedrooms :
- 6
- Rooms :
- 15
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 3,212 Sqft
- Year Built :
- 1921
- Lot Area :
- 0.22 Acre
- Listing ID :
- 73434734
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
