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38-40 Pembroke Street, Medford MA 02155

$940,000

Estimated $2,085.88/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $470,000

Total Rent: 0/year

Estimated CAP Rate: -0.72%

5 Bedrooms

2 Full Baths

3,178 SqFt

Total Parking: 3

3,860 SqFt

Huge, solid two-family home awaits its next owner. Fantastic opportunity for a new buyer to make it their own. Perfect for owner-occupants seeking rental income or an investor looking to get into the Medford market. Great bones, with big ticket items all in good shape. Units need cosmetic upgrades. First floor features 5 rooms with living/dining/kitchen, 2 bedrooms and a full bath. Upper unit is massive with two floors of living space 3-4 bedrooms PLUS family room & home office potential. Both units feature walk-in pantry's, built-ins, and loads of charm. Kitchens both have gas cooking. Unit 1 has oil heat & HW with a newer boiler. Unit 2 has gas heat and a brand new HW tank. All porches are solid and were completely rebuilt within the past 10 years. Fenced yard, 3 car driveway parking + super easy on-street parking for extra cars. Fantastic residential location, just a short distance to Wegman's, Wellington MBTA & adjacent to Magoun Park. No rental history; family occupies both units

This home has been viewed 26 times

Last Checked: May 7th, 2024 at 4:31am (Source: MLS PIN #73093351)

Gross Income: $0

Gross Expenses: $6,740

Net Income Calc: $6,740

CAP Rate: -0.72%

Annual Expenses for 38-40 Pembroke Street, Medford MA 02155

Total Gross Expenses (Calculated)$6,740/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,740

Annual Income & Unit Breakdown for 38-40 Pembroke Street, Medford MA 02155

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 38-40 Pembroke Street, Medford MA 02155

Listing ID73093351

Property TypeMulti Family / 2 Family

Price$940,000 ($295.78/SqFt)

Style2 Family - 2 Units Up/down

CityMedford

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,178 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking3

Garage Parking

Year Built1918

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

ZoningSF2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 38-40 Pembroke Street, Medford MA 02155

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureIncludes finished/heated 3rd floor. Public record

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

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 38-40 Pembroke Street, Medford MA 02155

Real Estate Taxes$6,740

Tax Year2023

Assessed Value$779,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.72%

Location Information for 38-40 Pembroke Street, Medford MA 02155

Elementary SchoolMcglynn

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Public Transportation, University

Contact Information for 38-40 Pembroke Street, Medford MA 02155

Agent

Name: Jennifer M. Keenan

Office

Name: Keller Williams Realty Boston Northwest

Phone: 781-862-2800

Payment Calculator

, Interest

Property Taxes 561.67

Principal & Interest 5791.98

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Boston Northwest

Jennifer M. Keenan

Agent Phone

Office Phone

(781) 862-2800

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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                    [modified] => 2024-05-07 04:31:25
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                    [modified] => 2024-05-07 04:31:25
                )

[21] => Array
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                    [modified] => 2024-05-07 04:31:25
                )

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                )

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                )

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                    [modified] => 2024-05-07 04:31:25
                )

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                )

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                    [modified] => 2024-05-07 04:31:25
                )

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                    [modified] => 2024-05-07 04:31:25
                )

[28] => Array
                (
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                    [modified] => 2024-05-07 04:31:25
                )

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                    [index] => 30
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                    [modified] => 2024-05-07 04:31:25
                )

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                    [index] => 31
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                    [modified] => 2024-05-07 04:31:25
                )

[31] => Array
                (
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                    [index] => 32
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                    [modified] => 2024-05-07 04:31:25
                )

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                )

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                    [modified] => 2024-05-07 04:31:25
                )

)

)

EXIT