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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

    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.

    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
    Services availability