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In-PersonVirtual Tour
$ 1,499,000
Est. payment /mo
Open Sun 1:45PM-2:45PM
87-89 Spring Street Medford, MA 02155
9 Beds
5 Baths
3,388 SqFt
Open House
Sun Apr 19, 1:45pm - 2:45pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,388 sqft
Price per Sqft $442
MLS Listing ID 73500616
Bedrooms 9
Full Baths 5
Year Built 1900
Annual Tax Amount $7,630
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 4 Family
Property Description
Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 2 two-bedroom, and a one-bedroom apartment. The property has had several updates over the years, including replaced water heaters, newer heater systems, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.
Location
State MA
County Middlesex
Zoning RES
Direction GPS
Rooms
Basement Full
Exterior
Total Parking Spaces 3
Garage No
Building
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Compass
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