Check out our most recent Boston market report - Click here

307 Medford St, Somerville

$3,400,000

9 Beds
6 Baths
7,530 Sqft
.1 Acres
0 Garages

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.

Essential Information
MLS® #73025919
Price$3,400,000
Bedrooms9
Bathrooms6.00
Full Baths6
Square Footage7,530
Acres0.10
Year Built1906
TypeMulti-Family
Sub-Type5-9 Family
StatusActive
Community Information
Address307 Medford St
CitySomerville
CountyMiddlesex
StateMA
Zip Code02143-1921

Mortgage Calculator

LISTING MAP

Get directions to this property:

Agent: John Pentore Office: Horvath & Tremblay

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.