297 Main St, #3, Medford, MA, 02155
3 rooms
1 beds
1 Full baths
1971
596 sqft
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.
Status:
Active
Type:
Condo
Laundry Remarks:
First Floor, Common Area, In Building
Units:
17
Zoning:
res
Heating:
Electric
Cooling:
Window Unit(s)
Basement:
N
Levels:
1
Parking:
1-car, Off Street, Assigned, Deeded
Common Charge:
$325 Monthly
Est. Taxes:
$2,560
Assessment
$318,000
HOA Fee
$325
Construction
Brick
Utilities
for Electric Range
Amenities:
Public Transportation, Shopping, T-Station, University
Appliances:
Range, Dishwasher, Disposal, Refrigerator
MLS #:
73491586
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Chuck Silverston Team, Gibson Sotheby's International Realty 617-264-7900