Great location and opportunity for the investor or owner occupant, just minutes from Tufts University! Your classic up & down 2 family; 1st floor features a foyer, LR, DR, Kitchen, Bath and 2 Br's .The 2nd floor unit has same layout and also includes a bonus room with additional bedroom flexiblity along with front & back enclosed porches. The walk up attic provides an additional heated room with expansion potential and storage. Amenities include replacement windows, newer gas heating systems, newer hot water heaters, newer roof, all hardwood flooring, unfinished basement & off street parking with 1-car garage.. Close to the new Green Line extension, Tufts University and shopping along with easy access to public transportation and major highways. (Rt 16, 2, and 93)
This home has been viewed 21 times
Last Checked: May 8th, 2024 at 1:26am (Source: MLS PIN #73202674)
Gross Income: $57,000
Gross Expenses: $7,309
Net Income Calc: $49,691
CAP Rate: 5.02%
Annual Expenses for 23-25 Pinkham Rd, Medford MA 02155
Total Gross Expenses (Calculated)$7,309/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,309
Annual Income & Unit Breakdown for 23-25 Pinkham Rd, Medford MA 02155
Total Gross Income (Calculated)$57,000
Unit 1
Rental Income$2,050
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$2,700
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 23-25 Pinkham Rd, Medford MA 02155
Listing ID73202674
Property TypeMulti Family / 2 Family
Price$989,000 ($439.17/SqFt)
Style2 Family - 2 Units Up/down
CityMedford
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,252 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking4 (1 Garage)
Garage Parking1 / Detached
Year Built1910
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
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 23-25 Pinkham Rd, Medford MA 02155
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$56,400
Total Net Income By Broker$56,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 23-25 Pinkham Rd, Medford MA 02155
Real Estate Taxes$7,309
Tax Year2023
Assessed Value$845,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$56,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$56,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.02%
Location Information for 23-25 Pinkham Rd, Medford MA 02155
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesShopping, Park, Public Transportation, University
Contact Information for 23-25 Pinkham Rd, Medford MA 02155