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
October 2, 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 1:05 AM UTC, 10/2/2024
