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$1,549,999
99 Days On Site

431 Medford
Somerville, MA 02145

For Sale|Commercial Sale|Active
0
Beds
4
Full Baths
0
Partial Baths
5,318
SqFt
$291
/SqFt
1900
Built
County:
Middlesex

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431 Medford431 Medford431 Medford431 Medford
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Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!

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Listing Snapshot
Price 
$1,549,999
Days On Site 
99 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,318 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1900
MLS® Number 
73292224
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.06
Disclosures 
Laundromat is rented for 5 years,through 2025. $1750,$1750,$1850,$1850 and $1850 in final year. 147 Central #2 & #3 is Sec 8 TAW. Property AKA Three thirty-one - Three thirty-three Medford st. Mushroom Retailer for $1900 per month with 2% annual increases through 2026. Res Units Sec 8 TAW
Sewer 
Public Sewer
SqFt Total 
5318
Water Source 
Public
Zoning 
Mixed Use
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Exterior Features
Roof 
Rubber
Listing courtesy of Zachary Conley of NextGen Realty, Inc.



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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