$1,030,000
$1,100,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
387-389 Main St Medford, MA 02155
5 Beds
2.5 Baths
3,024 SqFt
Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $340
MLS Listing ID 73293100
Sold Date 02/28/25
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1890
Annual Tax Amount $6,394
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi Family
Property Description
This rare and versatile property offers endless opportunities for investors and business owners alike. Perfectly positioned less than a mile from the Tufts Green Line stop and Route 93, this prime location has unparalleled access to local amenities, public transportation, and major highways. The office provides the flexibility to either operate your business or lease out the space for additional income. It has an open plan and includes an additional private meeting room with a convenient half bathroom. Both residential units have large eat in kitchens and a living room. The first residential unit features single level living with 2 beds and 1 bath and the second unit has 3 beds and 1 bath. Whether you're looking to supplement your business with rental income or expand your investment portfolio, this is the perfect property to achieve your goals. Property is zoned C-1 and allows for a variety of uses and opportunities.
Location
State MA
County Middlesex
Zoning C-1
Direction Main St between Harvard and Wareham
Rooms
Basement Full, Interior Entry, Concrete, Unfinished
Interior
Interior Features Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
Heating Baseboard, Natural Gas, Forced Air
Flooring Wood, Tile, Hardwood, Parquet, Carpet
Appliance Washer, Dryer, Range, Dishwasher, Refrigerator, None
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation, Shopping, Highway Access, Public School, T-Station, University
Utilities Available for Gas Range, for Electric Dryer, Washer Hookup
Roof Type Shingle,Rubber
Total Parking Spaces 5
Garage No
Building
Lot Description Level
Story 3
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Schools
Elementary Schools Missituk
Middle Schools Mcglynn/Andrews
High Schools Medford High
Others
Senior Community false
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Bought with Christopher Lam • Coldwell Banker Realty - Lexington