494-496 Main St, Medford, MA 02155
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$1,199,990
2 Unit
7 Beds
2 Baths
3114 SQFT
0.09 Acre

Property Description

Location, Location, Location, under a 5 minute drive to Tufts! Here’s your opportunity to own in the highly sought-after Medford area. Whether you're an owner-occupant or an investor, this property is a perfect fit. **Unit 1** offers a comfortable layout featuring a kitchen, living room, 3 spacious bedrooms, and 1 full bath. **Unit 2** is a bi-level townhouse-style apartment, boasting a large kitchen, inviting living room, 4 generous bedrooms, and 1 bathroom. The property includes a large fenced-in backyard, perfect for outdoor activities, and convenient off-street parking. Coin-Op washer/dryer in basement for extra income on separate hot water tank powered by common meter. Located close to everything Medford has to offer including easy 93 access, restaurants, shopping, parks, this home is a rare find in a hot market. Don’t miss out!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 2
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Walk Out
  • Common Interior Features: Tile Floor
  • Common Appliances: Washer Hookup
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 76380
  • Net Operating Income: 76380

Utilities

  • Heat Zones: 2
  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Energy Features: Insulated Windows, Storm Windows
  • Utility Connections: for Electric Dryer, for Electric Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1910
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73281037
  • Last Updated: 09/03/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/26/2024Active$1,199,990$385MLSPIN
08/22/2024New$1,199,990$385MLSPIN

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Seller's Representative: Lynda Le, Thread Real Estate, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-09-03 16:41:00