Spacious multi-family in prime Medford location. This lucrative multifamily is close to everything Medford has to offer with excellent accessibility to Boston and easy highway access. The entire property is fully furnished, fully rented (leases end 8-31-25), and cash-flowing. Each unit has great layouts with large living rooms, good-sized bedrooms, and eat-in kitchens. The second-floor unit is a duplex with full bathrooms and living rooms on each floor. This house boasts beautiful hardwood floors, a roof that is approximately 7 years old, a spacious walk-out basement with easy access from the units, and a shared Washer and Dryer. Heating systems are running in great condition (age unknown). The backyard is leveled and easy to maintain. Off-street parking with easy-to-maintain aluminum siding makes this the perfect TURN-KEY investment property. Virtual Tours and Floor Plans available and attached.
This home has been viewed 37 times
Last Checked: October 24th, 2024 at 4:19am (Source: MLS PIN #73290895)
Gross Income: $132,180
Gross Expenses: $7,962
Net Income Calc: $124,218
CAP Rate: 9.59%
Annual Expenses for 75 Pinkert St, Medford MA 02155
Total Gross Expenses (Calculated)$7,962/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,962
Annual Income & Unit Breakdown for 75 Pinkert St, Medford MA 02155
Total Gross Income (Calculated)$132,180
Unit 1
Rental Income$3,275
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesNo
Unit 2
Rental Income$7,740
LeaseY
Bedrooms7
Bathrooms2 Full
Floor0
Levels in Unit0
HeatingNo
Rent IncludesNo
General Information for 75 Pinkert St, Medford MA 02155
Listing ID73290895
Property TypeMulti Family
Price$1,295,000 ($411.9/SqFt)
StyleMulti Family
CityMedford
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,144 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking2
Garage Parking
Year Built1913
Year Built SourcePublic Records
Year Renovated
Year Built DetailsUnknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesNo
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 75 Pinkert St, Medford MA 02155
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureVirtual tours/Floor plans measurements. Floor plan
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$0
Total Gross Income By Broker$132,180
Total Net Income By Broker$93,124
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 75 Pinkert St, Medford MA 02155
Real Estate Taxes$7,962
Tax Year2024
Assessed Value$934,500
Financial Data SourceNo
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$132,180
BostonRealEstate.com Gross Income
Total Net Income By Broker$93,124
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.59%
Location Information for 75 Pinkert St, Medford MA 02155
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesNo
Contact Information for 75 Pinkert St, Medford MA 02155