Property Description
Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 2 two-bedroom, and a one-bedroom apartment. The property has had several updates over the years, including replaced water heaters, newer heater systems, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.
Features
- Basement:
- Full
- Parking:
- Off Street, Paved Drive, On Street
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Expenses
- Garage Parking
- Lead Paint:
- Unknown
Additional Information
- Market Time:
- 4
- Parking Spaces:
- 3
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $442
- Zoning:
- RES
- No Units:
- 4
- Orig Price:
- $1,499,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Medford
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02155
- Longitude:
- W72° 54' 25.8''
- Latitude:
- N42° 24' 55.7''
Residential Income
87-89 Spring Street, Medford, Massachusetts
9 Bedrooms
5 Total Bathrooms
3,388 Sqft
$1,499,000
Listing ID #73500616
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,499,000
- Bedrooms :
- 9
- Rooms :
- 20
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 3,388 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.10 Acre
- Listing ID :
- 73500616
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent
