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

87-89 Spring Street

Medford, MA ID #73500616

Property Description

Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 2 two-bedroom, and a one-bedroom apartment. The property has had several updates over the years, including replaced water heaters, newer heater systems, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.

Additional Details

  • Status: NEW
  • Type: Multi-Family, 4 Family
  • Zip Code: 02155
  • Taxes: 7,630
  • Levels: 5
  • Acres: 0.10

Parking

  • Garage Capacity: 3
  • Parking: Paved Drive, Off Street, On Street
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 4
  • Total Floors: 5
  • Total Rooms: 20

Location

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87-89 Spring Street, Medford, MA

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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 The Shahani Group of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.