Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.
- Heating System:
- Electric
- Cooling System:
- Window Unit(s)
- Basement:
- No
- Security:
- Intercom
- Parking:
- Assigned, Deeded, Off Street
- Amenities:
- Hot Water, Laundry
- Appliances:
- Disposal, Range, Dishwasher, Refrigerator
- Construction:
- Brick
- Flooring:
- Tile, Laminate
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Buyer/Agent to verify all info. Seller/Agent make no representations., "as is " sale, Sellers are having mason complete mason work on the rear exterior. Window AC's Convey. Button for Jets only need to be repaired. Bathroom on First Floor & Living room with closet allowed for single level living., Living room TV
- Electric Feature:
- 110 Volts, 220 Volts
- Garage Parking
- Lead Paint:
- Unknown
- Laundry Features:
- In Building, First Floor, Common Area
- Market Time:
- 100
- Parking Spaces:
- 1
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $569
- Zoning:
- res
- No Units:
- 17
- Unit Building:
- 3
- Orig Price:
- $368,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Medford
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02155
- Longitude:
- W72° 53' 25.7''
- Latitude:
- N42° 24' 29.7''
Residential
297 Main St, Medford, Massachusetts
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $339,000
- Bedrooms :
- 1
- Rooms :
- 3
- Total Bathrooms :
- 1
- Full Bathrooms :
- 1
- Square Footage :
- 596 Sqft
- Year Built :
- 1971
- Listing ID :
- 73491586
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
