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
Schools
Interior
Exterior
Roof
Rubber
Financial
Tax Year
2024
Map
Community
- Address431 Medford Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02145
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Courtesy of NextGen Realty, Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
431 Medford
Somerville, MA
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