199 Forest Street

Medford, MA 02155

$900,000
Last Sold Price
5
Beds
2
Baths
3,118 Sq. Ft.
$289 / Sq. Ft.
3,118
Sq. Ft.
$289
per Sq. Ft.

Description

This is the investment property or condo conversion you have been waiting for! Live in one unit & collect income off the other or rent both units in a desirable Medford location on a corner lot! Convenient Forest Street location with easy access to Medford Square offering restaurants and amenities. Easy access to I93. This 2 family is currently leased with unit #1 (3 beds) rented at $2,400/month and unit #2 (4 beds) also rented at $2,400/month. Great income & great potential in a highly sought after...This is the investment property or condo conversion you have been waiting for! Live in one unit & collect income off the other or rent both units in a desirable Medford location on a corner lot! Convenient Forest Street location with easy access to Medford Square offering restaurants and amenities. Easy access to I93. This 2 family is currently leased with unit #1 (3 beds) rented at $2,400/month and unit #2 (4 beds) also rented at $2,400/month. Great income & great potential in a highly sought after market. 1st floor unit fully upgraded with new kitchen and bathroom as well as beautiful hardwood floors through out. Second floor unit offers great potential with a fantastic layout and access to bonus space on the 3rd floor. Great natural light with lots of windows plus three season porch. Two garage stalls for extra storage. Full basement with full ceiling height offers great potential to add additional storage or living space. All mechanicals Upgraded. Do not miss this investment GEM.

Property Details for 199 Forest Street

Town
Medford
Area
MA-Medford
Garage Spaces
2
Parking Spaces
5.00
Parking Spaces Total
7

Location

Listing Courtesy of Compass, DeRocker & Khoury; First Boston Realty International, Brett DeRocker

Sold By AC Realty, Anna Mean

Add your commute
LISTING UPDATED: 08/06/2022 07:19 AM

Property Details for 199 Forest Street

StatusSold
MLS #72594051
Days on Market27
Taxes$8,929 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Compass, DeRocker & Khoury; First Boston Realty International, Brett DeRocker

Sold By AC Realty, Anna Mean

Add your commute

Building Information for 199 Forest Street

Stories3Residences2Year Built1900Building Size-Lot Size0.15 AC / 6,357 SF

Payment Calculator

$5,656 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$744

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 199 Forest Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 3118.0
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: Yes
  • Fireplaces: 2
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Sq footage is per the City of Medford assessing records. Property is being sold "AS IS" and buyer to conduct own due diligence.
Tax Information
  • Tax ID: M:I10 B:0056,634197
  • Assessments: $930,100
  • Book: 57898
  • Tax Year: 2019
  • Zoning: RES/MULTI
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • GOI: $57,600.00
  • NOI: $57,600.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 199 Forest Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 199 Forest Street

Taxable ValueLand$387,000Additions$756,900Total$1,143,900
Tax Record2023$9,895 ($825 / month)
Home Facts
Baths2Total Finished SqFt3,120 SqFtAbove Grade Finished SqFt3,120 SqFtStories2Lot Size6,357 SqFtStyleDuplexYear Built1900CountyMIDDLESEXAPNMEDF M:I-10 B:0056

Schools near 199 Forest Street

This home is within Medford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roberts Elementary School
PublicPK to 5

Andrews Middle School
Public6 to 8

Medford High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, DeRocker & Khoury; First Boston Realty International, Brett DeRocker

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.