For Sale

433 Medford St

433 Medford St, Somerville, MA 02145
$1,595,000

Property Summary

  • 5,316 sf Living area
  • 0.06 acres Lot

Ideal investment priced for immediate sale. Rarely available mixed-use retail/residential building in a PRIME ultra-desirable Somerville location near Magoun Square and the new Green Line extension. Great corner visibility and signage. Both ground-level retail spaces are leased through 2026. Above, find two oversized full-floor 4+ bedroom apartments with living room, eat-in kitchen, pantry and a large home office/potential bedroom. These residential units offer beautiful detail, hardwood flooring and an ideal layout waiting for a new buyer's decorative touches/updates. The new Gilman Square Green Line station will offer easy access to Boston, or stay in town and visit some of Somerville's best restaurants, shopping and more. Priced for immediate sale with over $100,000 of gross income in place with the potential for future long-term rent increases on both the retail AND residential units.

Listing Contact

Features & Amenities

Area & Lot

Status For Sale
Living area 5,316 Sq.Ft.
Lot Size 0.06 Acres
MLS® ID 73019370
Type: COMMERCIAL
Year Built 1900

Exterior

Utilites Public Water, Public Sewer

Finance

SALES PRICE $1,595,000
REAL ESTATE TAXES $23,004/yr
Zoning RB

Area & Lot

Status For Sale
Living area 5,316 Sq.Ft.
Lot Size 0.06 Acres
MLS® ID 73019370
Type: COMMERCIAL
Year Built 1900

Exterior

Utilites Public Water, Public Sewer

Finance

SALES PRICE $1,595,000
REAL ESTATE TAXES $23,004/yr
Zoning RB

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