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347 Salem St, Medford, MA 02155
$901,000
347 Salem St, Medford, MA 02155View this property at 347 Salem St, Medford, MA 02155
347 Salem StMedfordMA02155
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Property Description
**TAKING BACKUP OFFERS** Large Medford 2 family with solid rent roll grossing $75,600 annually. This is could be your cash cow! Both units are on leases with young professional tenants who pay the rent on time. Unit 1 currently used as 5 BR/2 Bath, Unit 2 is 4BR/2 Bath. 2 new gas boilers were installed in July 2017. Situated on a corner lot with 2 car garage and paved driveway. Very well-cared for over the years by current owners. Excellent opportunity to buy and hold in an up-and-coming area close to Assembly Row and new Wegman's. Easy access to downtown Boston via 325 Express Bus and Orange Line T. Plenty of square footage in each apartment, a lot of potential in this property for investors and owner occupants alike. Showings only at scheduled group showings Fri 4/20 3:30-4:30pm, Sun 4/22 11am-12:30pm. Offers will be reviewed Tuesday 4/24 at 11am.
Full Property Details
Full Property Details for 347 Salem St
General
- Sold For: $901,000
- Taxes: $6,193 (2018)
- Status: Closed
- Type: Multi-Family
- MLS ID: 72272733
- Added to Site: 2, 301 day(s) ago
Interior
- Number of Rooms: 14
- Flooring: Wood, Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Porch - Enclosed
- Color: Tan
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Off-Street Parking, Improved Driveway
Location
- County: Middlesex
School Information
- Elementary School: Roberts
- Middle School: McGlynn
- High School: Medford
Heating & Cooling
- Heating Type: Gas
Structural Information
- Architectural Style: 2 Family - 2 Units Up/Down
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full, Finished
- Roof: Asphalt/Fiberglass Shingles
- Square Feet: 4,021
- Year Built: 1925
Unit Information
Unit 1
- Bedrooms: 5
Unit 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,869
- Frontage: Public
- Zoning: Res
- Lot Description: Corner
Financial Considerations
- Tax Amount: $6,193
- Tax Year: 2018
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Schools
Schools serving 347 Salem St
School District:Medford Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
489 Winthrop St, Medford, MA 02155 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 347 Salem St
Date
Details
Price
Change
Source
6/05/2018
Sold
$901,000
4.89%
MLS
1/21/2018
Listed
$859,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
347 Salem St, Medford, MA 02155 (MLS# 72272733) is a Multi-Family property that was sold at $901,000 on June 05, 2018. This property was listed by Evelyn Ullman from our Beverly Office.Want to learn more about 347 Salem St? Do you have questions about finding other Multi-Family real estate for sale in Medford? You can browse all Medford real estate or contact a Coldwell Banker agent to request more information.