Medford, MA 02155,17-19 Canal St
Medford, MA 02155,17-19 Canal St
Medford, MA 02155,17-19 Canal St
41
$1,150,000
$1,199,000
4.1%
Est.Price: ?

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5 BD
3 BA
3,024 SqFt

17-19 Canal St Medford, MA 02155

Est. payment /mo
SOLD DATE : 06/26/2024

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Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,024 sqft

Price per Sqft $380

MLS Listing ID 73230648

Sold Date 06/26/24

Bedrooms 5

Full Baths 3

Year Built 1910

Annual Tax Amount $9,743

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Description

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!

Location

State MA

County Middlesex

Area West Medford

Zoning RES

Direction High St to Canal St

Interior

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

Flooring Wood

Appliance Washer, Dryer, Range, Dishwasher, Refrigerator

Exterior

Fence Fenced/Enclosed, Fenced

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Public School, T-Station, Sidewalks

Waterfront false

View Y/N Yes

View City View(s)

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Cleared, Level

Story 6

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract, Other (See Remarks)

Listing Terms Contract, Other (See Remarks)

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Listed by Leading Edge Real Estate
Bought with Ramsay and Company • Leading Edge Real Estate

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William Luther

Broker | License ID: 130964

+1(617) 818-5040

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