Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

87-87 Spring St #89, Medford, MA, 02155

9beds
5baths
3,388sqft
$1,499,000
$442price/sqft
$9,833/moest. monthly cost
$393,320/yrincome needed

About This Home

Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 2 two-bedroom, and a one-bedroom apartment. The property has had several updates over the years, including replaced water heaters, newer heater systems, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.

Getting Around

69
WalkingSomewhat Walkable
42
TransitSome Transit
52
BikeBikeable

Schools

5/10
Andrews Middle SchoolGrades 6-80.4 mi
5/10
Medford High SchoolGrades PK,9-121.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: 4 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Finished area above ground: 3,388

Interior Area

  • Total structure area: 3,388
  • Total interior livable area: 3,388 sqft

Property

Details

  • Zoning: RES

Lot

  • Lot size: 4,223 sqft

Parking

  • Total spaces: 3
  • Parking features: Paved Drive,Off Street,On Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3