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Sold for $850,000 on 06/10/24
  • $850,000

    306 Riverside Ave, Medford, MA 02155

    4beds
    1,929sqft
    2 Family - 2 Units Side by Side
    Built in 1910
    -- sqft lot
    $879,100 Zestimate®
    $441/sqft
    $5,112 Estimated rent

    What's special

    Medford 2-family - Prime location abutting a quiet neighborhood, walking trails along Mystic River through the school, easy access to 93, Riverside Yacht Club/Marina, and under 2 minutes to Meadow Glen mall (Wegman's, Dicks, Marshalls, etc and close proximity to Wellington Square! 2 units side by side with common vestibule, huge fenced front and rear yard, 5-6 off-street parking spots, turnkey with strong historical rents. Units have historical charm with exposed beams, wide pine floors, fireplaces, cathedral primary bedrooms. Left side unit is tenanted through the end of May, right side unit is vacant. See historical rental data in paperclip attachment. Zoning study also available via paperclip. Great opportunity to get into the Medford market with a 5.68% CAP rate investment property! See firm remarks for property website.

    Zillow last checked: 7 hours ago

    Listing updated: June 10, 2024 at 10:57am

    Listed by:

    James Riel,

    JR Associates,

    James Riel

    Bought with:

    Andrei Mirza

    Boston Suburbs Real Estate

    Source: MLS PIN,MLS#: 73233008

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Mudroom
    • Flooring: Wood
    • Windows: Insulated Windows
    • Basement: Full,Interior Entry,Bulkhead,Concrete,Unfinished
    • Number of fireplaces: 4
    Interior area
    • Total structure area: 1,929
    • Total interior livable area: 1,929 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Fencing: Fenced
    Lot
    • Size: 6,513 sqft
    • Features: Corner Lot, Level
    Details
    • Parcel number: M:P13 B:0039,642034
    • Zoning: SF2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Family - 2 Units Side by Side
    Materials
    • Frame, Post & Beam
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1910

    Utilities & green energy

    • Electric: 100 Amp Service, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Gas Oven

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Marina, Public School, University
    Location
    • Region: Medford

    HOA & financial

    Other financial information
    • Total actual rent: 2550

    Other

    Other facts
    • Listing terms: Contract
    Services availability
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    Estimated market value

    $879,100