17 CANAL ST APT 19
MEDFORD, MA 02155
$1,199,000
5 Beds
3 Baths
3,024 Sq Ft
Status Active
MLS# 73230648
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!
Open Houses
Thursday, May, 23
1:00pm EDT - 2:00pm EDT
Details for 17 CANAL ST APT 19
Built in 1910
$396 / Sq Ft
6 parking spaces
23 Days on website
0.18 acres lot