BEDS9
BATHS5 full
SQUARE FEET3,388
MLS#73500616
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 2 two-bedroom, and a one-bedroom apartment. The property has had several updates over the years, including replaced water heaters, newer heater systems, 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Lot Size: 0.10 Acres
Stories: 5.0
Taxes: $7,630
Year Built: 1900
Feature Descriptions
Building Area Total: 3388
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 5
Dwelling Type: 4 Family
Open Parking Y/N: Yes
Parking Features: Paved Drive, Off Street, On Street
Parking Total: 3
Rooms Total: 20
Sewer: Public Sewer
Units: 4
Water: Public
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 617-752-6845
Agent Name: The Shahani Group
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,409.17 per month $3,336.12 Principal & Interest $635.83 Property Tax $437.21 Homeowner's Insurance
87-89 Spring Street | MLS# 73500616
This multi-family property located at 87-89 Spring Street, Medford, MA 02155 is currently listed for sale with an asking price of $1,499,000. Search Medford real estate on www.masiellogrouprealestate.com today.