Active
17-19 Canal St
Medford MA, 02155
$1,199,000
$396.49 per sqft
Active
5 Beds
3 Baths
3,024 sqft
Multi-family
Built in 1910
Large Mansard-style 3-family property situated in the sought-after West Medford area. The 1st floor features a 2-bed unit with a dining room, while the 2nd floor offers another 2-bed unit with dining room + office space. The 3rd floor contains a 1-bed unit. The spacious basement is equipped with separate heating, hot water, & electric systems for each unit, reducing the landlord's expenses. The property is fully tenanted, with lease renewals scheduled for mid-2024. It rests on a sizable lot with plenty of parking for each unit, making it suitable for future condo conversion. The property generates a gross monthly income of $6,150, with potential for growth. This location is a commuter's dream, situated just 0.2 miles from the West Medford commuter rail station & offering easy access to commuter routes such as I-93, Route 2, and Route 16, as well as numerous bus stops. The property provides convenient access to Tufts University, Whole Foods, & a variety of shops & restaurants!
73230648
MLSⓇ ID
April 30, 2024
Listed
May 14, 2024
Updated
Map
17-19 Canal St
Medford MA, 02155
Interior Features
Total Stories
6
Bedrooms
5
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Laundry Room, Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Open Floorplan, Living Room, Dining Room, Kitchen, Mudroom, Sunroom, Living RM/Dining RM Combo
Appliances
Washer, Dryer, Range, Dishwasher, Refrigerator
Floor Description
Wood
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.18 Acres
Lot Features
Cleared, Level
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
West Medford
Taxes
$9,743
Tax Frequency
Annually
Days on Market
14
Garage
No
Parking
Off Street
Parking Total
6
View
Yes
View Description
City View(s)
County
Middlesex
Water Source
Public
Pool
No
Zoning
RES
Buyer Agency Compensation
2%
Open House Schedule
Sun, May 19th
12:00 PM - 1:00 PM EDT
Courtesy of Ramsay and Company, Leading Edge Real Estate
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Data last updated 5:10 PM UTC, 5/14/2024
