Address
306 Riverside Ave, Medford, MA
Price
$ 900,000
Property Attributes
- MLS#73225807
- TypeContingent
- CountyMIDDLESEX
- CityMedford
- Zip02155
- Style2 Family - 2 Units Side by Side
- Year Built1910
- Taxes$ 6360
- Price$ 900,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1929
- Lot Size6,534 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
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.
| Price History | |
|---|---|
| 4/18/2024 | Listed $900,000 |
General Features
| Interior Features | Mudroom |
|---|---|
| Sewer | Public Sewer |
| Utilities | for Gas Range,for Gas Oven |
| Roof | Shingle |
| Zoning | SF2 |
| Construction Materials | Frame,Post & Beam |
| Year Built | 1910 |
| Electric | 100 Amp Service,200+ Amp Service |
| Property SubType | 2 Family - 2 Units Side by Side |
| Tax Year | 2024 |
| Gross Income | 30600 |
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Bike Path,Highway Access,Marina,Public School,University |
| County | Middlesex |
| Net Operating Income | 30600 |
| Property Type | Residential Income |
| Contingency | Pending P&S |
| Garage Y/N | No |
| Total Rooms | 10 |
| Status | Contingent |
| Directions | Property located at the corner of Riverside Ave and Hunewill Ave. Use GPS |
| City | Medford |
| Disclosures | Building will be delivered vacant. House has historical ties (Nathan Sawyer house) Zoning analysis also available upon request. OFFERS DUE TUES. 4/23 BT 5PM |
| Senior Community Y/N | No |
| Total Units | 2 |
| Lot Size Square Feet | 6513 |
| Waterfront Y/N | No |
| Street Name | Riverside Ave |
| Year Built Details | Renovated Since |
| Tax Annual Amount | 6360 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Year Built Source | Public Records |
| Tax Assessed Value | 746500 |
| Total Actual Rent | 2550 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Interior Entry,Bulkhead,Concrete,Unfinished |
|---|---|
| Flooring | Wood |
| Total Fireplaces | 4 |
| Total Stories | 4 |
| Window Features | Insulated Windows |
| Fireplace Y/N | Yes |
| Full Baths | 2 |
| Total Bedrooms | 4 |
| Total Baths | 2 |
Exterior Features
| Fencing | Fenced |
|---|---|
| Parking Features | Off Street,Paved |
| Lot Features | Corner Lot,Level |
| Water Source | Public |
| Total Parking | 5 |
| Lot Size Area | 0.15 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 1929 |
| Lot Size Acres | 0.15 |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 02155
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - 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
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.
