Active

431 Medford

Somerville MA, 02145

$1,549,999


$291.46 per sqft

Active

4 Baths

5,318 sqft

Commercial

Built in 1900

Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you're close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won't last long--act now to secure your investment in this desirable neighborhood!

73292224

MLS ID

September 19, 2024

Listed

November 12, 2024

Updated

Map

431 Medford
Somerville MA, 02145

Interior Features

Total Bathrooms

4


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres


Roof

Rubber

Other Property Details

Garage

No


Parking Total

0


View

No


County

Middlesex


Pool

No


Zoning

Mixed Use

 

Courtesy of Zachary Conley, NextGen Realty, Inc.

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Data last updated 9:49 PM UTC, 11/12/2024

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