199 Forest Street

Medford, MA 02155

$895,000
Price
5
Beds
2
Baths
3,118 Sq. Ft.
$287 / Sq. Ft.
3,118
Sq. Ft.
$287
per Sq. Ft.

Property Details for 199 Forest Street

StatusContingent
MLS #72594051
Year Built1900
DOM22
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Taxes$8,929 / year
HOA Fees-
CountyMiddlesex County

Listing Agent

Contact Agent(s)

Property Details for 199 Forest Street

Town
Medford
Garage Spaces
2
Parking Spaces
5
Parking Spaces Total
7

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... 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.

Location

Listing Agents

  1. Derocker & Khoury

    Listing Agent

    Compass

    dkgroup@compass.com

    P: 617.947.6210

  2. Brett DeRocker

    Alternative Listing Agent

    Compass

Building Information for 199 Forest Street

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

Payment Calculator

$3,963 per month

30 year fixed, 3.51% Interest

Principal and Interest

$3,219

Property Taxes

$744

HOA Dues

$0

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Property Information for 199 Forest Street

General Details
    Property Details
  • Property Type: Multi-family
  • Multi Family Type: 2 Family
  • Basement Info: Y
  • Price per SqFt: 287.04
  • List Price: 895000.0
  • List Date: 11-19-2019
  • Status: Contingent
  • List Number: 7.2594051E7
  • Water View: No
  • Waterfront: No
  • Total Units: 2
  • Year Built: 1900
  • Year Built Description: Actual, Approximate
  • Year Built Source: Public Record
  • Square Feet Source: Public Record
Features
    Interior Features
  • Basement Features: Full
  • Num of Full Baths: 2.0
  • Num of Half Baths: 0.0
  • Fireplaces: 2
    Exterior Features
  • Exterior: Vinyl
  • Lot Description: Corner, Paved Drive
    Parking Features
  • Parking Features: Off-Street
    Utilities
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water
Property Information
    Property Info
  • Acres: .15
    Tax Information
  • Assessments: $930,100
  • Page: 231
  • Tax ID: 634197
  • Tax Year: 2019
  • Taxes: $8,929
  • Zoning: RES/MULTI
Building / Association Information
    Living Characteristics
  • Total Bedrooms: 5
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 0
  • Total Floors: 3
  • Total Rooms: 13
  • Total Levels: 2
    Other Building Characteristics
  • Heat Units: 2
  • Levels: 3
  • Total Fireplaces: 2
  • Foundation: Concrete Block
  • Heat Zones: 2
    Income / Expenses
  • GOI: $57,600
  • NOI: $57,600
  • Rent: $4,800
  • RMS: 13
Unit Information
    Unit 1 Description
  • Bedrooms U1: 3
  • Floor U1: 1
  • Fireplaces U1: 1
  • Full Baths U1: 1
  • Half Baths U1: 0
  • Lease U1: Y
  • Levels U1: 1
  • Rent U1: 2400
  • Rooms U1: 6
    Unit 2 Description
  • Bedrooms U2: 4
  • Floor U2: 2
  • Fireplaces U2: 1
  • Full Baths U2: 1
  • Half Baths U2: 0
  • Lease U2: Y
  • Levels U2: 1
  • Rent U2: 2400
  • Rooms U2: 7

Property History for 199 Forest Street

DateEvent & SourcePriceAppreciation
Nov 29, 2019Contingent

MLS PIN #72594051

Nov 19, 2019Listed (Active)

MLS PIN #72594051

$895,000
Nov 18, 2011Sold (Public Records)

Public Record #319665097

$395,000

+3504.4% / yr

DateEvent & SourcePrice
11/29/2019
Contingent

MLS PIN #72594051

11/19/2019
Listed (Active)

MLS PIN #72594051

$895,000
11/18/2011
Sold (Public Records)

Public Record #319665097

$395,000

+3504.4% / yr

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$312,400Additions$617,700Total$930,100
Tax Record2019$8,929
Home Facts
Beds5Baths2Finished Sq.Ft.3,118 SqFtStories2Lot Size6,357 SqFtStyleDuplexYear Built1900CountyMIDDLESEX

Schools near 199 Forest Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
St. Francis of Assisi SchoolPrivatePK-80.2 mi
NR
Roberts Elementary SchoolPublicPK-50.4 mi
4
St Joseph Elementary SchoolPrivatePK-80.6 mi
NR
Andrews Middle SchoolPublic6-81.0 mi
6

St. Francis of Assisi School

PK-8, 0.2 mi, Private

NR

Roberts Elementary School

PK-5, 0.4 mi, Public

4

St Joseph Elementary School

PK-8, 0.6 mi, Private

NR

Andrews Middle School

6-8, 1.0 mi, Public

6

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.

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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. No financial or legal advice provided. Equal Housing Opportunity.
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