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24-30 Linden St, Medford MA 02155

$2,675,000

Estimated $5,543.50/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $334,375

Total Rent: 51804/year

Estimated CAP Rate: 1.40%

13 Bedrooms

8 Full Baths

6,282 SqFt

Total Parking: 8

10,018 SqFt

24-30 Linden Street is an 8-unit apartment building located in the heart of Medford, surrounded by both current and future development opportunities. The building is comprised of (4) one-bedroom, (3) two-bedroom, and (1) three-bedroom units, along with onsite parking. Additionally, there is a new common laundry room onsite, and all utilities are separate except for water and sewer. The property offers value-add potential through performing light unit upgrades to the kitchens and bathrooms and marking all rents to market level. The exterior of the property underwent several upgrades in 2024. Positioned in the heart of Medford, 24-30 Linden Street is surrounded by Tufts University, Somerville, Assembly Row, and Everett. The property is close to Fellsway Plaza and numerous other shopping, dining, and entertainment options. Route 93 is less than a mile away, providing excellent access to Boston, along with bus routes at the end of the street.

This home has been viewed 28 times

Last Checked: October 30th, 2024 at 4:19am (Source: MLS PIN #73298517)

Gross Income: $51,804

Gross Expenses: $14,472

Net Income Calc: $37,332

CAP Rate: 1.40%

Annual Expenses for 24-30 Linden St, Medford MA 02155

Total Gross Expenses (Calculated)$14,472/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$14,472

Annual Income & Unit Breakdown for 24-30 Linden St, Medford MA 02155

Total Gross Income (Calculated)$51,804

Unit 1

Rental Income$2,350

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$1,967

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent IncludesNo

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent IncludesNo

General Information for 24-30 Linden St, Medford MA 02155

Listing ID73298517

Property TypeMulti Family / 5+ Family

Price$2,675,000 ($425.82/SqFt)

Style5-9 Family

CityMedford

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total6,282 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking8

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesNo

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoning0

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 24-30 Linden St, Medford MA 02155

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area DisclosureLiving area includes completed addition, approxima

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$52,719

Total Gross Income By Broker$179,036

Total Net Income By Broker$126,317

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 24-30 Linden St, Medford MA 02155

Real Estate Taxes$14,472

Tax Year2024

Assessed Value

Financial Data SourceOwner

Total Gross Expenses By Broker$52,719

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$179,036

BostonRealEstate.com Gross Income

Total Net Income By Broker$126,317

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.40%

Location Information for 24-30 Linden St, Medford MA 02155

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 24-30 Linden St, Medford MA 02155

Agent

Name: Nicholaus Jasinski

Office

Name: Berkadia Real Estate Advisors LLC

Phone: 617-648-4191

Team Members

Payment Calculator

, Interest

Property Taxes 1206

Principal & Interest 16482.5

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkadia Real Estate Advisors LLC

Nicholaus Jasinski

Agent Phone

Office Phone

(617) 648-4191

Text Agent Call Agent Call Office

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    [description] => 24-30 Linden Street is an 8-unit apartment building located in the heart of Medford, surrounded by both current and future development opportunities. The building is comprised of (4) one-bedroom, (3) two-bedroom, and (1) three-bedroom units, along with onsite parking. Additionally, there is a new common laundry room onsite, and all utilities are separate except for water and sewer. The property offers value-add potential through performing light unit upgrades to the kitchens and bathrooms and marking all rents to market level. The exterior of the property underwent several upgrades in 2024. Positioned in the heart of Medford, 24-30 Linden Street is surrounded by Tufts University, Somerville, Assembly Row, and Everett. The property is close to Fellsway Plaza and numerous other shopping, dining, and entertainment options. Route 93 is less than a mile away, providing excellent access to Boston, along with bus routes at the end of the street.
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[high_school] => 
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            [name] => Berkadia Real Estate Advisors LLC
            [phone] => 617-648-4191
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[optional_fee_includes] => Array
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[optional_price] => 0
    [outdoor_space_available] => Array
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[owner_occupancy_source] => 
    [parking_features] => Array
        (
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[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
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[perc_test_date] => Unknown
    [pet_policy] => Array
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[phone] => 617-448-1677
    [pool_features] => Array
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[real_estate_tax] => $14,472
    [references_required] => Array
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[rent_includes] => Array
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
        (
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[roof_material] => Array
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    [senior_community] => No
    [sewer] => Array
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[sewer_expense] => Array
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[short_sale] => 
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[state] => Massachusetts
    [state_code] => MA
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[street_number] => 24-30
    [structure_type] => Array
        (
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[style] => Array
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[subagent_compensation] => 
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                    [state] => MA
                    [zip] => 02127
                    [office] => AN8975
                    [national_association] => 
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 14472
    [total_gross_income] => 51804
    [total_parking] => 8
    [trash_expense] => Array
        (
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[uffi] => Array
        (
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[unit_1_bathrooms] => 1 Full
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[unit_1_levels] => 1
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[unit_2_bathrooms] => 1 Full
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[unit_2_levels] => 1
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[unit_3_bathrooms] => 
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[unit_3_levels] => 
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[unit_4_bathrooms] => 
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[unit_4_levels] => 
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[unit_level] => 
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        )

[utilities] => Array
        (
        )

[view] => Array
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[water] => Array
        (
        )

[water_expense] => Array
        (
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[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
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[year_built] => 1880
    [year_built_details] => Approximate
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02155
    [zoning] => 0
    [zoning_details] => 
    [media] => Array
        (
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EXIT

Withdrawn

24-30 Linden St, Medford MA 02155

$2,675,000

Annual Expenses for 24-30 Linden St, Medford MA 02155

Annual Income & Unit Breakdown for 24-30 Linden St, Medford MA 02155

General Information for 24-30 Linden St, Medford MA 02155

Disclosures for 24-30 Linden St, Medford MA 02155

Financial Information for 24-30 Linden St, Medford MA 02155

Location Information for 24-30 Linden St, Medford MA 02155

Contact Information for 24-30 Linden St, Medford MA 02155

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Berkadia Real Estate Advisors LLC

Nicholaus Jasinski