431 Medford Somerville MA 02145 MLS #73292224

431 Medford
Somerville, MA, 02145
$1,549,999
Beds
4 Baths
5,318 SqFt
0.06 Acres
Add
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!

Property Details

Price:
$1,549,999
MLS #:
73292224
Status:
Active
Beds:
0
Baths:
4
Address:
431 Medford
Type:
Commercial
City:
Somerville
Listed Date:
Sep 19, 2024
State:
MA
Finished Sq Ft:
5,318
Total Sq Ft:
5,318
ZIP:
02145
Lot Size:
2,800 sqft / 0.06 acres (approx)
Year Built:
1900
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Exterior

Roof
Rubber

Financial

Net Operating Income
$90,314
Tax Year
2024

Map

Community

Similar Listings Nearby

431 Medford
Somerville, MA

Compare listings

Compare