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BHRE Brad Hutchinson Real Estate

sales@bradhutchinson.com +1(781) 665-2222

$1,799,900

Est. payment - /mo

9 Beds

3 Baths

4,128 SqFt

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Open House

Sun May 10, 11:00am - 12:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,128 sqft

Price per Sqft $436

MLS Listing ID 73501633

Bedrooms 9

Full Baths 3

Year Built 1905

Annual Tax Amount $9,399

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

INVESTOR'S DREAM! Rare turn-key 3-unit with 40-year track record and expansion potential in a coveted location! Unlock immediate cash flow in this Medford triple-decker. Centrally located just minutes from I-93, this property offers a rock-solid investment with a stable 40-year rental history. Three spacious 3-bedroom, 1-bath units with details not often seen: 9-ft ceilings, hardwood floors, wood moldings, built-ins, stained glass, walk-in pantries, and front and back covered porches. Bonus: "Value-add" potential - convert garage into a 4th dwelling unit (see AI photo) to maximize net operating income (subject to zoning/permits). Overlooking Hickey Park, tenants enjoy a "park setting" with easy access to recreation, subway, bus routes, and the Middlesex Fells Reservation hiking trails. Whether you're looking for a turn-key rental, a condo conversion project, or a sunlight filled owner-occupant home, this corner-lot gem is ready for its next chapter. All offers considered - don't wait!

Location

State MA

County Middlesex

Zoning R

Direction Rt 93 to Fellsway West

Rooms

Basement Full, Interior Entry, Sump Pump, Concrete, Unfinished

Interior

Interior Features Living Room, Dining Room, Kitchen

Heating Steam, Natural Gas

Cooling Window Unit(s)

Exterior

Exterior Feature Rain Gutters

Garage Spaces 2.0

Community Features Sidewalks

Roof Type Shingle,Rubber

Total Parking Spaces 6

Garage Yes

Building

Lot Description Corner Lot, Cleared, Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Coldwell Banker Realty - Concord

NEARBY SCHOOLS & PROPERTIES

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

320-322 Fellsway West Medford, MA 02155