Somerville, MA 02145,433 Medford
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Somerville, MA 02145,433 Medford
Somerville, MA 02145,433 Medford
Somerville, MA 02145,433 Medford
Somerville, MA 02145,433 Medford

$1,420,000

Est. payment /mo

$1,500,000

5.3%
Est.Price: ?

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433 Medford Somerville, MA 02145

8 Beds

3 Baths

5,318 SqFt

SOLD DATE : 05/28/2025

Key Details

Sold Price $1,420,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,318 sqft

Price per Sqft $267

MLS Listing ID 73325651

Sold Date 05/28/25

Bedrooms 8

Full Baths 2

Half Baths 2

Year Built 1900

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type 4 Family

Property Description

Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you're close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won't last long—act now to secure your investment in this desirable neighborhood!

Location

State MA

County Middlesex

Zoning Mixed use

Direction GPS

Rooms

Basement Full

Interior

Flooring Wood

Exterior

Exterior Feature Other

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other

Utilities Available for Gas Range

Roof Type Shingle

Garage No

Building

Lot Description Other

Story 7

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by NextGen Realty, Inc.
Bought with The Shahani Group • Compass
agent

Scott Paskerian

Advisor | License ID: 9528510

+1(617) 678-8603

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