Turn key side-by-side multi-family house in vibrant Medford close to everything! Experience single-family living in either unit, with separate yards and driveways! Larger owner's unit with 4 or 5-bedroom option with 2 full bathrooms, hardwood floors, and in pristine condition. The other unit is an income-producing 3-bedroom apartment equally updated and ready for your new tenants. The kitchens have plenty of room, with fresh updates, attractive layouts, and granite counters. The finished basement serves as a home office, rec room, and/or a multi-purpose room. The property is within walking distance of Wellington Station, The Shops at Station Landing, The Park at Rivers Edge, and Assembly Row. Spanning close to 3800 sq ft of living space this house could be perfect for condo conversion and instant equity for the savvy business person.
This home has been viewed 24 times
Last Checked: May 7th, 2024 at 6:45am (Source: MLS PIN #73053947)
Gross Income: $90,000
Gross Expenses: $8,470
Net Income Calc: $81,530
CAP Rate: 5.44%
Annual Expenses for 35-37 5th St, Medford MA 02155
Total Gross Expenses (Calculated)$8,470/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,470.30
Annual Income & Unit Breakdown for 35-37 5th St, Medford MA 02155
Total Gross Income (Calculated)$90,000
Unit 1
Rental Income$4,000
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent Includes
Unit 2
Rental Income$3,500
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit3
HeatingYes
Rent Includes
General Information for 35-37 5th St, Medford MA 02155
Listing ID73053947
Property TypeMulti Family
Price$1,499,000 ($386.44/SqFt)
StyleDuplex
CityMedford
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,879 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking8
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 35-37 5th St, Medford MA 02155
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureBuyer and Buyer's agent to verify all information
Building Area SourceOther
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 35-37 5th St, Medford MA 02155
Real Estate Taxes$8,470.30
Tax Year2022
Assessed Value$940,100
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)5.44%
Location Information for 35-37 5th St, Medford MA 02155
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s)
Contact Information for 35-37 5th St, Medford MA 02155