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Listing: 1 of 1 Updated 14 minutes ago

306 Riverside Ave Medford, MA 02155

Multi-Family $900,000



OFFERS DUE TUES. 4/23 BY 5PM /// Medford 2-family - Prime location abutting a quiet neighborhood, walking trails along Mystic River through the school, easy access to 93, Riverside Yacht Club/Marina, and under 2 minutes to Meadow Glen mall (Wegman's, Dicks, Marshalls, etc and close proximity to Wellington Square! 2 units side by side with common vestibule, huge fenced front and rear yard, 5-6 off-street parking spots, turnkey with strong historical rents. Units have historical charm with exposed beams, wide pine floors, fireplaces, cathedral primary bedrooms. Left side unit is tenanted through the end of May, right side unit is vacant. See historical rental data in paperclip attachment. Zoning study also available via paperclip. Great opportunity to get into the Medford market with a 5.68% CAP rate investment property! Open house dates coming soon for the weekend of April 20 and 21st. See firm remarks for property website.


General Information for 306 Riverside Ave Medford, MA 02155

Town Medford
County Middlesex
Stories 4
SQFT 1,929
Status Available
Listing Number 73225807 (MLSPIN)

Rooms Information for 306 Riverside Ave Medford, MA 02155

Interior Information for 306 Riverside Ave Medford, MA 02155

Basement Full
Interior Entry
Bulkhead
Concrete
Unfinished
Interior Features Mudroom
Wood
Fireplace 4

Exterior Information for 306 Riverside Ave Medford, MA 02155

Lot Size 0.15 acres
Lot Description Corner Lot
Level
Construction Frame
Post & Beam
Parking Spaces: 5
Off Street
Paved
Lot Corner Lot
Level
Water Public
Sewer Public Sewer
Exterior Features Fenced

Neighborhood Information for 306 Riverside Ave Medford, MA 02155

Neighborhood Amenities Public Transportation
Shopping
Park
Walk/Jog Trails
Bike Path
Highway Access
Marina
Public School
University

Miscellaneous Information for 306 Riverside Ave Medford, MA 02155

Year Built 1910
Association Fee 0
Taxes $6,360 /Yr
Comp Buyer Agency Compensation:2%
Buyer Agency Compensation Type:%
Sub Agency Compensation:
Sub Agency Compensation Type:
Transaction Broker Compensation:0
Compensation Based On:Gross/Full Sale Price
Sub-Agency Relationship Offered:No

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Listing provided courtesy of jr associates

Market Snapshot as of May 3, 2024 (Last 30 days)

Condo Data
Units 5,718
Avg Price $1,004,373
Avg Days Listed 89
Total New Listings 36
House Data
Units 9,837
Avg Price $1,247,156
Avg Days Listed 76
Total New Listings 33
Multi-Family Data
Units 1,581
Avg Price $1,240,745
Avg Days Listed 106
Total New Listings 12

Average Price by Property Type
Units by Property Type
Average Days on Market by Property Type

Recent Home Sales In This Zip Code (02155)

For a more detailed market analyis one of our real estate agents can provide you with a full report.

Address Closing Date List Price Closing Price % of List Price
19 Newton Road
Medford, MA 02155
09/13/2022 $919,000 $1,076,000 117%
138 Winthrop
Medford, MA 02155
09/13/2022 $3,000 $3,000 100%
3920 Mystic Valley Pkwy 622
Medford, MA 02155
09/13/2022 $2,500 $2,500 100%
163 Fellsway West
Medford, MA 02155
09/12/2022 $2,400 $2,400 100%
42 South Border Road
Medford, MA 02155
09/12/2022 $749,999 $765,000 102%
97 Bowdoin Street
Medford, MA 02155
09/12/2022 $1,180,000 $1,100,000 93%
183 Salem St
Medford, MA 02155
09/09/2022 $895,000 $915,000 102%
52 Cherry Street
Medford, MA 02155
09/09/2022 $2,800 $2,800 100%
290 High St
Medford, MA 02155
09/09/2022 $880,000 $880,000 100%
202 Middlesex Avenue 1
Medford, MA 02155
09/09/2022 $975,000 $960,000 98%
7 Metcalf Street
Medford, MA 02155
09/08/2022 $2,250 $2,250 100%
15 Ronaele Rd
Medford, MA 02155
09/08/2022 $759,000 $759,000 100%
14-16 Hurlcroft Ave.
Medford, MA 02155
09/08/2022 $875,000 $875,000 100%
16 Harris St 16
Medford, MA 02155
09/08/2022 $1,067 $1,067 100%
38 Norwich Cir
Medford, MA 02155
09/07/2022 $799,900 $775,000 97%
232 Fellsway West 2
Medford, MA 02155
09/07/2022 $499,900 $550,000 110%
52 Farragut Avenue
Medford, MA 02155
09/07/2022 $835,000 $915,000 110%
48 Tesla Ave
Medford, MA 02155
09/06/2022 $5,200 $5,200 100%
8 Mason St 2
Medford, MA 02155
09/06/2022 $490,000 $490,000 100%
14-A Linden St
Medford, MA 02155
09/06/2022 $648,800 $600,000 92%
244 Central Avenue 1
Medford, MA 02155
09/06/2022 $679,000 $670,000 99%
541 Main
Medford, MA 02155
09/04/2022 $4,900 $4,900 100%
23 Cypress Rd
Medford, MA 02155
09/03/2022 $2,850 $2,900 102%
30 Revere Beach Pkwy 516
Medford, MA 02155
09/02/2022 $2,900 $2,900 100%
215 Harvard St 6
Medford, MA 02155
09/02/2022 $650,000 $700,000 108%

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Listing: 1 of 1 Updated 14 minutes ago
Real Estate LogoThe 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. (AN0852/CT004222)