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433 Medford St

Somerville, MA 02145
  • $1,595,000
  • STATUS: Active
  • MLS #: 73019370
UPDATED: 62 min ago
$1,595,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,316
    SQFT
  • $300
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Listing courtesy of Todd Glaskin of Coldwell Banker Realty - Newton.

Description

Ideal investment priced for immediate sale. Rarely available mixed-use retail/residential building in a PRIME ultra-desirable Somerville location near Magoun Square and the new Green Line extension. Great corner visibility and signage. Both ground-level retail spaces are leased through 2026. Above, find two oversized full-floor 4+ bedroom apartments with living room, eat-in kitchen, pantry and a large home office/potential bedroom. These residential units offer beautiful detail, hardwood flooring and an ideal layout waiting for a new buyer's decorative touches/updates. The new Gilman Square Green Line station will offer easy access to Boston, or stay in town and visit some of Somerville's best restaurants, shopping and more. Priced for immediate sale with over $100,000 of gross income in place with the potential for future long-term rent increases on both the retail AND residential units.

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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. Data last updated 2022-08-07T23:03:59.237.
www.thehometownexperts.com/homes/131434235
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433 Medford St Somerville, MA 02145

  • Price: $1,595,000
  • Status: Active
  • On Site: Days
  • Updated: 62 min ago
  • MLS #: 73019370
0
Beds
0
Baths
0
½ Baths
0.06
Acres
5,316
SQFT
$300
$/SQFT
1900
Built
Neighborhood:
Other
County:
Middlesex
Area:
Other
Property Description
Ideal investment priced for immediate sale. Rarely available mixed-use retail/residential building in a PRIME ultra-desirable Somerville location near Magoun Square and the new Green Line extension. Great corner visibility and signage. Both ground-level retail spaces are leased through 2026. Above, find two oversized full-floor 4+ bedroom apartments with living room, eat-in kitchen, pantry and a large home office/potential bedroom. These residential units offer beautiful detail, hardwood flooring and an ideal layout waiting for a new buyer's decorative touches/updates. The new Gilman Square Green Line station will offer easy access to Boston, or stay in town and visit some of Somerville's best restaurants, shopping and more. Priced for immediate sale with over $100,000 of gross income in place with the potential for future long-term rent increases on both the retail AND residential units.
Interior Features

Building Area Total 5316

Property Features

Disclosures Both Residential Units Are Taw Under Sect 8. One Unit Behind On RentBoth Rented Below Market Values. Tax Annual Amount 23003.62 Tax Year 2022 Utilities Public WaterPublic Sewer Zoning Rb

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Todd Glaskin of Coldwell Banker Realty - Newton.


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. Data last updated 2022-08-07T23:03:59.237.
 
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Listing courtesy of Todd Glaskin of Coldwell Banker Realty - Newton.