Multi-Family for Sale: 17-19 Canal St, Medford, MA 02155 SOLD

5 beds
3 full baths
3,024 sqft
$1,150,000
$1,150,000
17-19 Canal St, Medford, MA 02155 SOLD
5 beds
3 full baths
3,024 sqft
$1,150,000
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Selling Price: $1,150,000
Original List Price: $1,199,000
Sold at 95.9% of list price
Sold Date: 06/26/2024

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Type Multi-Family
Beds 5
Total Baths 3 full baths
Square Feet 3,024 sqft
Lot Size 0.18 acres
Year Built 1910
City Medford
County Middlesex
MLS 73230648
Status Closed
DOM 57 days
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!

Lot & Building Features

Appliances Dishwasher, Washer, Refrigerator, Range, Dryer
Construction Frame
Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,743
Water Public
Foundation Other
Interior Features Bathroom with Shower Stall, Sunroom, Pantry, Open Floorplan, Mudroom, Living Room, Living RM/Dining RM Combo, Laundry Room, Kitchen, Dining Room, Ceiling Fan(s)
Roof Shingle
Full Baths 3
Parking Off Street
Total Rooms 16
Garage Spaces 0

Price History of 17-19 Canal St, Medford, MA

Date Name Price Difference
04/30/2024 Listing Price $1,150,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 17-19 Canal St, Medford, MA

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Photo of Kevin Garrabrant
Direct: 603-333-3353
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Leading Edge Real Estate, Ramsay and Company
Sold by Leading Edge Real Estate, Ramsay and Company
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6.75%
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Listing information courtesy of: Leading Edge Real Estate

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