RARE Opportunity to own a Generational Multi-Family Asset in the highly sought-after Tufts University area of Medford. This special home has undergone impressive upgrades including a refinished exterior and a meticulously renovated "Owner's Unit" which is move-in ready. Head through your private entrance and immediately be struck by the refinished hardwood floors, high ceilings and abundant natural light. The fully-equipped kitchen boasts BRAND NEW 42" Cabinets, Stainless Steel Appliances and Quartz Countertops complemented by a timeless backsplash and accent lighting + a fully remodeled bathroom. Enjoy the convenience of Front & Back private decks, plenty of storage, off-street parking and a large fenced-in back patio shaded by tall Evergreens. Unit #2 is a spacious, traditional two bedroom with a separate office or potential third bedroom, currently leased until 8/31/2024. PRIME LOCATION near Tufts, the Green-Line Extension, Capen Park, Wholefoods, and easy access to public highways.
Sale Statistics
Sale Overview
Original List Price:$1,189,000
Final Sale Price:$1,350,000
Difference:
+$161,000 (+13.5%)
Performance Metrics
113.5%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$488
Sale $/sq ft:$554
This property sold for $554 per square foot
Sale Summary
This property sold for 13.5% above the original asking price, indicating strong buyer demand.
With only 6 days on market, this was a quick sale compared to typical market conditions.
for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,316
Tax Year
2023
Tax Assessed Value
$877,800
Zoning
1040
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Buyer and Buyer's Agent to verify all info and perform their own due diligence. Public Record has this as 4 total bedrooms, but office on second level can easily be converted into a 5th bedroom. Tenants in Unit #2 pay $2900 in rent and on a lease until 8/31/2024. Unit #1 will be delivered vacant.
