Recently renovated 5 Unit building with 7+ off street parking spots and private decks for 4/5 units. Updates completed in 2013 and include re-shingled roof, paved driveway, stone front steps, new windows, electrical service from the street and panels, replaced all cast plumbing with PVC, kitchens, baths, flooring, appliances, water heaters etc. Brand new building boiler in 2020 and new bathroom for the top floor 3 bedroom in 2024. Shared coin operated laundry in basement kicks off additional income. Large private portion of the basement for owner storage. Units are separated for electric, hot water and gas (kitchen ranges). Strong rental history.
This home has been viewed 165 times
Last Checked: October 7th, 2024 at 6:55pm (Source: MLS PIN #73206983)
Gross Income: $121,800
Gross Expenses: $14,569
Net Income Calc: $107,231
Annual Expenses for 91-93 Park St, Medford MA 02155
Total Gross Expenses (Calculated)$14,569/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax14569
Annual Income & Unit Breakdown for 91-93 Park St, Medford MA 02155
Total Gross Income (Calculated)$121,800
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 91-93 Park St, Medford MA 02155
Listing ID73206983
Property TypeMulti Family
Price2295000 ($479.62/SqFt)
Style5+ Family - 5+ Units Up/down
CityMedford
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total4785
Approximate Lot Size (Acres)0.27
Total Parking10
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRes
Water Views
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 91-93 Park St, Medford MA 02155
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsNelson Pendant Lamp In Third Floor Bedroom/Office.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)Lender Owned
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based OnGross/full Sale Price
Financial Information for 91-93 Park St, Medford MA 02155
Real Estate Taxes14569
Tax Year2024
Assessed Value$1,710,300
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 91-93 Park St, Medford MA 02155
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 91-93 Park St, Medford MA 02155