297 Main St Unit 3, Medford, MA 02155
- $339,000
- 1
- BD
- 1
- BA
- 596
- SqFt
- List Price
- $339,000
- Price Change
- ▼ $29,000 1782771316
- Status
- ACTIVE
- MLS#
- 73491586
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 596
- Year Built
- 1971
- Association Fee
- $324
- Association Fee Includes
- Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Property Description
Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.
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Additional Information
- Taxes
- $2,560
- Parking Description
- Off Street, Assigned, Deeded
- Water
- Public
- Sewer
- Public Sewer
- Heating
- Electric
- Cooling
- Window Unit(s)
- Appliances
- Range, Dishwasher, Disposal, Refrigerator
- Community Features
- Public Transportation, Shopping, T-Station, University
- Basement Features
- N
- Electric Features
- 110 Volts, 220 Volts
- Flooring
- Tile, Laminate
- Sewer
- Public Sewer
- Units in Complex
- 17
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Listing courtesy of Listing Agent: Chuck Silverston Team from Listing Office: Gibson Sotheby's International Realty.
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