$1,199,000 ($396.49 per sqft)

Est. Mortgage $6,221/mo *

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Open House Schedule

05/23/2024
1:00 PM to 2:00 PM
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17-19 Canal St, Medford, (West Medford), MA, 02155

17-19 Canal St, Medford, (West Medford), MA, 02155
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16 rooms

5 beds

3 Full baths

1910

3,024 sqft

Large Mansard-style 3-family property situated in the sought-after West Medford area. The 1st floor features a 2-bed unit with a dining room, while the 2nd floor offers another 2-bed unit with dining room + office space. The 3rd floor contains a 1-bed unit. The spacious basement is equipped with separate heating, hot water, & electric systems for each unit, reducing the landlord's expenses. The property is fully tenanted, with lease renewals scheduled for mid-2024. It rests on a sizable lot with plenty of parking for each unit, making it suitable for future condo conversion. The property generates a gross monthly income of $6,150, with potential for growth. This location is a commuter's dream, situated just 0.2 miles from the West Medford commuter rail station & offering easy access to commuter routes such as I-93, Route 2, and Route 16, as well as numerous bus stops. The property provides convenient access to Tufts University, Whole Foods, & a variety of shops & restaurants!

Status:

Active

Town:

Medford

Type:

Multi-family

Units:

3

Zoning:

RES

Levels:

6

Parking:

6-car Off Street

Acreage:

0.18

Est. Taxes:

$9,743

Assessment

$1,143,600

Construction

Frame

Lot Description:

Cleared, Level

View Description:

City View(s)

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Public School, T-Station, Sidewalks

Appliances:

Washer, Dryer, Range, Dishwasher, Refrigerator

MLS #:

73230648

Buyer Agent Compensation:

2

Facilitator Compensation:

2

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Ramsay And Company, Leading Edge Real Estate Phone: 617-502-6500