Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

17-19 Canal St

West Medford - Medford, MA ID #73230648

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17-19 Canal St

West Medford - Medford, MA ID #73230648

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!

Additional Details

  • Status: ACT
  • Type: Multi-Family, 3 Family
  • Area: West Medford
  • Zip Code: 02155
  • Taxes: 9,743
  • Living Levels: 6
  • Acres: 0.18
  • Selling Broker Compensation: 2
  • Buying Broker Compensation: 2

Parking

  • Parking: Off Street
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 6
  • Total Rooms: 16

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Ramsay and Company of Leading Edge Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.