305-307 Medford St. in Somerville consists of a three story building with (6) units consisting of (2) four bedroom/one bathroom units and (4) three bedroom/one bathroom units. Located in the path of the future Green Line Extension, the property offers the rare opportunity to acquire an exceptionally well located asset with value add potential in of the hottest real estate markets in a region that is poised for future growth. The property offers the ability to add value to a well constructed, brick building through renovating the units and the potential opportunity to capture basement space by duplexing the first floor units with the basement. The location offers unparalleled access to the new Gilman Square Station of the Green Line Extension, less than 1/4 mile from the property. The subject property is ideal for a potential buyer looking for strong location with significant upside. Somerville's outlook is bright as rentals continue to increase at a steady rate.
Agent: John Pentore Office: Horvath & Tremblay
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