Brought to you by: Carol McDonald Macri - RE/MAX Andrew Realty Services
39 Pleasant Street Suite 2
Stoneham, MA 02180

Phone: (781) 438-7220 Fax: (815) 301-8747
Website: www.forsalebycarol.com
Email: carol@forsalebycarol.com


 
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Prepared for : Jun-21-2018 01:41:55 pm

61-63 Edward Street
Medford, MA. 02155
MLS # 72028711
Multi-Family 3 Family Grey  
Status Sold
County Middlesex
Directions Main Street To Dexter To 61 Edward Street
List Price $850,000 Days on Market  
List Date   # Units 3
Sale Price $830,000 # Floors  
Sold Date 9/15/16 Rooms 14
Assessed Value $561,000 Bedrooms 8
Gross Living Area 2,820SF Full Baths  
Lot Size 2,975SF Half Baths  
Taxes $6,277.59 Fireplaces  
Tax Year 2016 Basement Yes
Zoning 3 family Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1907 Parking Spaces 4
    Garage Spaces 0
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Down Payment $
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Attention Investors! HARD TO FIND 3 FAMILY in Medford! This property is fully tenanted and ready to make you money! Upgrades include vinyl siding, replacement windows, separate CB electric! Each unit has their own heat and electric! Great size rooms, some hardwood floors, good overall condition! Off street tandem parking! This is a wonderful location in South Medford - close to Somerville line! This property isn't going to last so don't wait!


Amenities : Public Transportation, Swimming Pool, Tennis Court, Park, Laundromat, Highway Access, Private School, Public School, University
Basement : Full, Bulkhead
Construction : Frame
Electricity : Circuit Breakers, Individually Metered
Exterior : Vinyl
Exterior Feat. : Porch
Flooring : Wood, Tile, Vinyl
Foundation : Fieldstone
Heating Zones : 3
Hot Water : Natural Gas
Lead Paint : Unknown
Lot : Paved Drive
Parking : Off-Street, Tandem
Road : Public, Paved, Publicly Maint., Sidewalk
Roof : Asphalt/Fiberglass Shingles
Sewage District : Mwra
Sewer / Water : City/Town Sewer, City/Town Water
Utility Connections : for Gas Range, for Gas Oven, Washer Hookup
Warranty : No

Unit 1 : Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 3; Floor: 1; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2250; Rooms: 5; Rooms Desc.: Living Room, Kitchen
Unit 2 : Appliances: Range, Refrigerator; Bedrooms: 3; Floor: 2; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 1575; Rooms: 5; Rooms Desc.: Living Room, Kitchen
Unit 3 : Bedrooms: 1; Floor: 3; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 1300; Rooms: 4; Rooms Desc.: Living Room, Kitchen

Electricity : $1,800
Expenses Source : Owner Provided
Expenses Year End : 05/16
Gas : $1,800
Gross Expenses : $13,383
Gross Oper. Income : $61,500
Insurance : $1,893
Misc. : $1,020
Net Oper. Income : $48,117
Repairs & Maint. : $3,840
Water : $3,030

APOD Available? : Yes
Adult Community : No
Anticipated Sale Date : 09/15/2016
Deed : Book: 24463, Page: 145
Disclosures : All tenants are under leases
Foreclosure : No
GLA Source : Public Record
Off Market Date : 7/25/16
Seller Disclosure Doc : No
Short Sale : No
Terms : Contract for Deed
Year Built Desc. : Approximate
Year Built Source : Public Record


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