13
See all 13 photos
$1,499,000
Est. payment /mo
9 Beds
5 Baths
3,388 SqFt
Active
87-89 Spring St. Medford, MA 02155
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Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,388 sqft
Price per Sqft $442
MLS Listing ID 73404510
Bedrooms 9
Full Baths 5
Year Built 1900
Annual Tax Amount $7,630
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 4 Family
Property Description
Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool. This property features two separate structures on one lot, a total of four units! It has been a cash cow for the seller. Convenient location to transportation and shopping. All units have separate utilities. The property consists of a large 5-bedroom, 2-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, bathrooms, 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.
Location
State MA
County Middlesex
Zoning RES
Direction Salem St to Spring St
Rooms
Basement Full
Interior
Flooring Wood
Exterior
Utilities Available for Gas Range
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Compass
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