Incredible opportunity to own a spacious and welcoming 6-bedroom, 2-family home in a highly desirable location in Medford. Enjoy close proximity to transportation, major routes, parks, shopping, Haines & Medford Squares, Wellington Circle, the Fellsway, Route 93, Assembly Row, Davis Square, Cambridge, and Boston. This property offers fantastic layouts, ample natural light, unique features, and the potential to maximize returns. The thoughtfully designed floor plan and generous room sizes provide comfortable living (2nd floor-townhouse style), while being surrounded by numerous amenities. This residence features large, sunlit bedrooms with hardwood flooring, expansive eat-in kitchens with ample cabinetry and ceramic tile flooring, and abundant closet space. The second floor is currently vacant, allowing for immediate owner occupancy or income maximization. Significant upgrades have been done, including a new Navien furnace for unit 1 and a recently replaced roof.
This home has been viewed 32 times
Last Checked: May 7th, 2024 at 8:55am (Source: MLS PIN #73109641)
Gross Income: $21,600
Gross Expenses: $6,684
Net Income Calc: $14,916
CAP Rate: 1.37%
Annual Expenses for 92 Sheridan, Medford MA 02155
Total Gross Expenses (Calculated)$6,684/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,684
Annual Income & Unit Breakdown for 92 Sheridan, Medford MA 02155
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$1,800
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 92 Sheridan, Medford MA 02155
Listing ID73109641
Property TypeMulti Family / 2 Family
Price$1,085,000 ($469.29/SqFt)
Style2 Family - 2 Units Side By Side
CityMedford
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,312 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking1
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 92 Sheridan, Medford MA 02155
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureNumber of rooms from Public Record. May include se
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$21,600
Total Net Income By Broker$21,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation0%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 92 Sheridan, Medford MA 02155
Real Estate Taxes$6,684
Tax Year2022
Assessed Value$741,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$21,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$21,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.37%
Location Information for 92 Sheridan, Medford MA 02155
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Shopping, Park, Public Transportation
Contact Information for 92 Sheridan, Medford MA 02155