Price Reduced 4.18%

$1,145,000 ($378.64 per sqft)

Est. Mortgage $5,715/mo *

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387-389 Main St, Medford, MA, 02155

387-389 Main St, Medford, MA, 02155
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11 rooms

5 beds

2 Full / 1 Half baths

1890

3,024 sqft

This rare and versatile property offers endless opportunities for investors and business owners alike. Perfectly positioned less than a mile from the Tufts Green Line stop and Route 93, this prime location has unparalleled access to local amenities, public transportation, and major highways. The office provides the flexibility to either operate your business or lease out the space for additional income. It has an open plan and includes an additional private meeting room with a convenient half bathroom. Both residential units have large eat in kitchens and a living room. The first residential unit features single level living with 2 beds and 1 bath and the second unit has 3 beds and 1 bath. Whether you're looking to supplement your business with rental income or expand your investment portfolio, this is the perfect property to achieve your goals. Property is zoned C-1 and allows for a variety of uses and opportunities.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

2

Zoning:

C-1

Heating:

Baseboard, Natural Gas, Forced Air

Basement:

Full, Interior Entry, Concrete, Unfinished

Levels:

3

Parking:

5-car, Shared Driveway, Off Street, Paved

Acreage:

0.11

Est. Taxes:

$6,394

Assessment

$750,500

Construction

Frame, Brick

Utilities

for Gas Range, for Electric Dryer, Washer Hookup

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Highway Access, Public School, T-Station, University

Elementary School:

Missituk

Middle School:

Mcglynn/Andrews

High School:

Medford High

Appliances:

Washer, Dryer, Range, Dishwasher, Refrigerator, None

MLS #:

73293100

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Steve Mckenna & The Home Advantage Team, Gibson Sotheby's International Realty