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Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool. This property features two separate structures on one lot, a total of four units! It has been a cash cow for the seller. Convenient location to transportation and shopping. All units have separate utilities. The property consists of a large 5-bedroom, 2-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, bathrooms, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.
General Information for 87-89 Spring St. Medford, MA 02155 |
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| Town | Medford |
| County | Middlesex |
| Stories | 6 |
| SQFT | 3,388 |
| Status | Available |
| Listing Number | 73404510 (MLSPIN) |
Rooms Information for 87-89 Spring St. Medford, MA 02155 |
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Interior Information for 87-89 Spring St. Medford, MA 02155 |
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| Basement | Full |
| Interior Features | Wood |
Exterior Information for 87-89 Spring St. Medford, MA 02155 |
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| Lot Size | 0.10 acres |
| Construction | Frame |
| Parking | Spaces: 3 Paved Drive Off Street |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 87-89 Spring St. Medford, MA 02155 |
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Miscellaneous Information for 87-89 Spring St. Medford, MA 02155 |
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| Year Built | 1900 |
| Association Fee | 0 |
| Taxes | $7,630 /Yr |
| Comp | Buyer Agency Compensation: Buyer Agency Compensation Type: Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation: Compensation Based On: Sub-Agency Relationship Offered: |
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| Condo | Data |
|---|---|
| Units | 6,571 |
| Avg Price | $928,023 |
| Avg Days Listed | 99 |
| Total New Listings | 16 |
| House | Data |
|---|---|
| Units | 11,842 |
| Avg Price | $1,264,419 |
| Avg Days Listed | 84 |
| Total New Listings | 23 |
| Multi-Family | Data |
|---|---|
| Units | 2,018 |
| Avg Price | $1,293,456 |
| Avg Days Listed | 105 |
| Total New Listings | 10 |
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 |
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| Listing: 1 of 1 | Updated 19 minutes ago |
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.
(AN3337/TEAM0355)
