This rare and versatile property offers endless opportunities for investors and business owners alike. Perfectly positioned less than a mile from the Tufts Green Line stop and Route 93, this prime location has unparalleled access to local amenities, public transportation, and major highways. The office provides the flexibility to either operate your business or lease out the space for additional income. It has an open plan and includes an additional private meeting room with a convenient half bathroom. Both residential units have large eat in kitchens and a living room. The first residential unit features single level living with 2 beds and 1 bath and the second unit has 3 beds and 1 bath. Whether you're looking to supplement your business with rental income or expand your investment portfolio, this is the perfect property to achieve your goals. Property is zoned C-1 and allows for a variety of uses and opportunities.
Sold for $1,030,000 on 02/28/25
$1,030,000
387-389 Main St, Medford, MA 02155
5beds
3,024sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$341/sqft
$3,416 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 28, 2025 at 01:57pm
Listed by:
Steve McKenna & The Home Advantage Team,
Gibson Sotheby's International Realty,
Michael Pallotta
Bought with:
Christopher Lam
Coldwell Banker Realty - Lexington
Source: MLS PIN,MLS#: 73293100
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Natural Gas, Forced Air
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
- Flooring: Wood, Tile, Hardwood, Parquet, Carpet
- Basement: Full,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,024
- Total interior livable area: 3,024 sqft
Property
Parking
- Total spaces: 5
- Parking features: Shared Driveway, Off Street, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
- Exterior features: Rain Gutters
Lot
- Size: 4,843 sqft
- Features: Level
Details
- Parcel number: M:V09 B:0038
- Zoning: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Brick
- Foundation: Stone, Brick/Mortar
- Roof: Shingle,Rubber
Condition
- Year built: 1890
Utilities & green energy
- Electric: 220 Volts, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Highway Access, Public School, T-Station, University
Location
- Region: Medford
HOA & financial
Other financial information
- Total actual rent: 0