387-389 Main St, Medford, MA 02155
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$1,195,000
2 Unit
5 Beds
3 Baths
3024 SQFT
0.11 Acre

Property Description

Welcome to 387-389 Main St – a rare and versatile property offering 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 Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Highway Access, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Tile Floor
  • Common Appliances: Dishwasher, Dryer, None, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil

Financial

  • APOD Available: No

Utilities

  • Electric Info: 220 Volts, At Street, Circuit Breakers, Underground
  • Utility Connections: for Electric Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: No

Construction

  • Year Built: 1890
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Parquet, Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73293100
  • Last Updated: 10/09/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/07/2024Active$1,195,000$395MLSPIN
10/03/2024Back on Market$1,195,000$395MLSPIN
10/02/2024Contingent$1,195,000$395MLSPIN
09/24/2024Active$1,195,000$395MLSPIN
09/20/2024New$1,195,000$395MLSPIN
06/19/2024Canceled$1,100,000$364MLSPIN
06/04/2024Active$1,100,000$364MLSPIN
05/31/2024Price Change$1,100,000$364MLSPIN
05/25/2024Active$1,199,000$396MLSPIN
05/21/2024New$1,199,000$396MLSPIN

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Seller's Representative: Steve McKenna & The Home Advantage Team, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-10-09 18:29:00

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