17-19 Canal St, Medford MA 02155
About this home
Large Mansard-style 3-family property situated in the sought-after West Medford area. The 1st floor features a 2-bed unit with a dining room, while the 2nd floor offers another 2-bed unit with dining room + office space. The 3rd floor contains a 1-bed unit. The spacious basement is equipped with separate heating, hot water, & electric systems for each unit, reducing the landlord's expenses. The property is fully tenanted, with lease renewals scheduled for mid-2024. It rests on a sizable lot with plenty of parking for each unit, making it suitable for future condo conversion. The property generates a gross monthly income of $6,150, with potential for growth. This location is a commuter's dream, situated just 0.2 miles from the West Medford commuter rail station & offering easy access to commuter routes such as I-93, Route 2, and Route 16, as well as numerous bus stops. The property provides convenient access to Tufts University, Whole Foods, & a variety of shops & restaurants!
Sale Statistics
This property sold for 4.1% below the original asking price.
The property spent 39 days on market before selling.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
West Medford
17-19 Canal St, Medford MA 02155
Medford, MA 02155
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jun 26, 2024Listed for Sale
Apr 30, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/26/2024 | ✓ Sold | $1,150,000 | - | - | Property sold |
| 04/30/2024 | 🏠 Listed for Sale | $1,199,000 | - | - | Original listing |