Somerville, MA 02145,431 Medford
Somerville, MA 02145,431 Medford
Somerville, MA 02145,431 Medford
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$1,549,999
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5,318 SqFt
Active

431 Medford Somerville, MA 02145

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UPDATED:

11/12/2024 09:12 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,318 sqft

Price per Sqft $291

MLS Listing ID 73292224

HOA Y/N false

Year Built 1900

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

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

Exterior

Utilities Available Public Water, Public Sewer

Waterfront false

Roof Type Rubber

Others

Senior Community false


Listed by NextGen Realty, Inc.

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Mackenzie Cormier

Agent | License ID: 9569345

+1(978) 837-2780

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431 Medford