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Closed

111 Sharon St, Medford MA 02155

$999,900

Estimated $2,331/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $499,950

Total Rent: 42000/year

Estimated CAP Rate: 3.35%

4 Bedrooms

3 Full Baths

3,892 SqFt

Total Parking: 3

6,500 SqFt

Great opportunity to own this 2 Family in PRIME West Medford location! Whether you're an owner occupant or investor this home won't last! This spacious well-kept home has been in the family for years and is ready for new owners. The first unit has 2 large levels with open living/dining room, kitchen, 2 bedroom & a full bath on the main level & the basement is finished with kitchenette, family room and office or work out area & an additional full bath and laundry. The second unit features 2 living rooms, kitchen, sunroom, 2 bedrooms & a full bath. Outside is off-street parking with a large driveway and once the weather warms up, you'll have lots of space to enjoy the outdoors on the beautiful deck, paved patio area, & fenced yard complete with 2 sheds for plenty of storage. Both units have brand new oil tanks and a newer roof. Here, there's easy access to the W Medford Commuter Rail, and quick highway access- so you are close to it all. Come by and see just what this home has to offer!

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 3:16am (Source: MLS PIN #73079350)

Gross Income: $42,000

Gross Expenses: $8,516

Net Income Calc: $33,484

CAP Rate: 3.35%

Annual Expenses for 111 Sharon St, Medford MA 02155

Total Gross Expenses (Calculated)$8,516/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,516

Annual Income & Unit Breakdown for 111 Sharon St, Medford MA 02155

Total Gross Income (Calculated)$42,000

Unit 1

Rental Income$2,600

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$900

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 111 Sharon St, Medford MA 02155

Listing ID73079350

Property TypeMulti Family / 2 Family

Price$999,900 ($256.91/SqFt)

Style2 Family - 2 Units Up/down

CityMedford

CountyMiddlesex

MLS AreaWest Medford

Neighborhood(s)

Approximate Living Area Total3,892 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking3

Garage Parking

Year Built1926

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningGR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 111 Sharon St, Medford MA 02155

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area DisclosureIncludes finished basement

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$42,000

Total Net Income By Broker$42,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 111 Sharon St, Medford MA 02155

Real Estate Taxes$8,516

Tax Year2022

Assessed Value$945,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$42,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$42,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.35%

Location Information for 111 Sharon St, Medford MA 02155

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaWest Medford

Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Medical Facility, Public Transportation, T-station, University

Contact Information for 111 Sharon St, Medford MA 02155

Agent

Name: Lori Toce

Office

Name: RE/MAX Triumph Realty

Phone: 978-262-9665

Payment Calculator

, Interest

Property Taxes 709.67

Principal & Interest 6161.07

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Triumph Realty

Lori Toce

Agent Phone

Office Phone

(978) 262-9665

Text Agent Call Agent Call Office

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[perc_test] => Array
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73079350&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 03:16:17
                    [modified] => 2024-05-07 03:16:17
                )

[20] => Array
                (
                    [id] => 7096329
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73079350&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 03:16:17
                    [modified] => 2024-05-07 03:16:17
                )

[21] => Array
                (
                    [id] => 7096330
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73079350&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 03:16:17
                    [modified] => 2024-05-07 03:16:17
                )

[22] => Array
                (
                    [id] => 7096331
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73079350&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 03:16:17
                    [modified] => 2024-05-07 03:16:17
                )

)

)

EXIT