4 Fifth, Medford (Wellington), MA, Massachusetts, property flyer

4 Fifth, Medford (Wellington), MA, 02155 | $869,000

Here is your chance to build equity whether you are a contractor, flipper, developer or ready to under take a DIY project. With multiple avenues to add value, this two-family home on a 6, 000 sqft corner lot will deliver results. Within . 5 miles of station landing and nearby Wellington Station, the location will forever remain desirable. Through expansion, upgrades or an ADU the potential exists to add square footage and increase AVR. Unit #2 is older but clean as a whistle and could rent as is whilst the first floor could benefit from your vision. Each unit has over 1000 square feet and has amazing natural light. There are two driveways, one paved and one gravel, so that everyone can park their car. Property to be sold AS IS. Bring your ideas, your contractor, and your vision to this property - it's an opportunity ready to be acted upon.

Features

Town: Medford
Rooms: 11
Bedrooms: 4
Baths: 2 full
Units: 2

Year Built: 1930
Basement: Full
Approx Sq. Feet: 2,344
Acreage: 0.14
Est. Taxes: $6,898

Lot Desc: Corner Lot
MLS#: 73536760
Website: https://www.raveis.com
/prop/73536760/4fifth_medford_ma?source=qrflyer

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.
Listing by Eric Raynor courtesy of Leading Edge Real Estate

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
Place up to 20+ photos of your home on our website, raveis.com
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Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4 Fifth, Medford (Wellington), MA, 02155

$869,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$695,200	$695,200	$695,200
Term	360 months	360 months	180 months
Initial Interest Rate**	5.250%	6.000%	5.750%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.069%	6.110%	5.932%
Monthly Tax Payment	$575	$575	$575
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,839	$4,168	$5,773
Total Monthly Payment	$4,506	$4,835	$6,440

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.