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87 Spring St

Medford MA 02155

9
5
3
3388 sq. ft.
4223 sq. ft.
Other
Currently for sale - view listing

Overview

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, 1 two-bedroom, and 2 one-bedroom apartments. 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.

Features

9 bedrooms
5 bathrooms
3 carspaces
3 open car spaces
3388 sq. ft. floor area
4223 sq. ft. lot size
Other

Property history for 87 Spring St

2017
Sold
$765,000
25 Jan 2017 by Michael Hayes, of Century 21 Advance Realty

Happy sellers in Medford

95%
95% of sellers in Medford reported that their sale price either exceeded or met their price expectations.

Medford stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Medford over the last 12 months.

Local market activity for 9 bedroom other properties in Medford

In the last 12 months, 2 nine-bedroom other properties similar to 87 Spring St, have been sold.

This represents a 50% increase in nine-bedroom other properties sales when compared to the previous 12 months.

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