Address
91-93 Park St, Medford, MA
Price
$ 2,495,000
Property Attributes
  • MLS#73206983
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityMedford
  • Zip02155
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1900
  • Taxes$ 14569
  • Price$ 2,495,000
  • Bedrooms9
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4785
  • Lot Size11,761 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Recently renovated 5 Unit building with 7+ off street parking spots and private decks for 4/5 units. Updates completed in 2013 and include re-shingled roof, paved driveway, stone front steps, new windows, electrical service from the street and panels, replaced all cast plumbing with PVC, kitchens, baths, flooring, appliances, water heaters etc. Brand new building boiler in 2020 and new bathroom for the top floor 3 bedroom in 2024. Shared coin operated laundry in basement kicks off additional income. Large private portion of the basement for owner storage. Units are separated for electric, hot water and gas (kitchen ranges). Strong rental history.

Price History
2/29/2024 Listed $2,495,000

General Features

Sewer Public Sewer
Utilities for Gas Range
Roof Shingle
Zoning Res
Patio/Porch Features Porch,Deck
Construction Materials Frame
Year Built 1900
Electric Circuit Breakers
Property SubType 5+ Family - 5+ Units Up/Down
Tax Year 2024
Gross Income 155500
County Middlesex
Net Operating Income 124864
Operating Expense 30636
Property Type Residential Income
Garage Y/N No
Total Rooms 20
Status Active
Directions Salem Street to Park Street
City Medford
Disclosures Agent has ownership interest. Laundry in-unit for top floor 3 bed. Shared coin operated laundry for other four units in basement.
Senior Community Y/N No
Total Units 5
Lot Size Square Feet 11630
Waterfront Y/N No
Street Name Park St
Year Built Details Approximate
Tax Annual Amount 14569
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1710300
Total Actual Rent 12750
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Partially Finished,Walk-Out Access,Concrete
Flooring Wood,Tile,Vinyl
Total Stories 9
Fireplace Y/N No
Full Baths 5
Total Bedrooms 9
Total Baths 5

Exterior Features

Fencing Fenced
Parking Features Paved Drive,Off Street,Paved
Water Source Public
Total Parking 10
Lot Size Area 0.27
Foundation Details Stone,Brick/Mortar
Spa No
Building Area Total 4785
Lot Size Acres 0.27
Lot Size Units Acres
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02155

Price
AVG $1.8M
$2.5M
Taxes
AVG $9,639
$14,569
Visits
AVG 120
215
Data Provided by Inside Real Estate®
Year Built
AVG 1907
1900

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