306 Riverside Avenue

Medford, MA 02155

$900,000
Price
4
Beds
2
Baths
1,929 Sq. Ft.
$467 / Sq. Ft.
1,929
Sq. Ft.
$467
per Sq. Ft.

Description

OFFERS DUE TUES. 4/23 BY 5PM /// Medford 2-family - Prime location abutting a quiet neighborhood, walking trails along Mystic River through the school, easy access to 93, Riverside Yacht Club/Marina, and under 2 minutes to Meadow Glen mall (Wegman's, Dicks, Marshalls, etc and close proximity to Wellington Square! 2 units side by side with common vestibule, huge fenced front and rear yard, 5-6 off-street parking spots, turnkey with strong historical rents. Units have historical charm with exposed...OFFERS DUE TUES. 4/23 BY 5PM /// Medford 2-family - Prime location abutting a quiet neighborhood, walking trails along Mystic River through the school, easy access to 93, Riverside Yacht Club/Marina, and under 2 minutes to Meadow Glen mall (Wegman's, Dicks, Marshalls, etc and close proximity to Wellington Square! 2 units side by side with common vestibule, huge fenced front and rear yard, 5-6 off-street parking spots, turnkey with strong historical rents. Units have historical charm with exposed beams, wide pine floors, fireplaces, cathedral primary bedrooms. Left side unit is tenanted through the end of May, right side unit is vacant. See historical rental data in paperclip attachment. Zoning study also available via paperclip. Great opportunity to get into the Medford market with a 5.68% CAP rate investment property! Open house dates coming soon for the weekend of April 20 and 21st. See firm remarks for property website.
  1. Listed by James Riel • JR Associates

Property Details for 306 Riverside Avenue

Town
Medford
Area
MA-Medford
Garage Spaces
0
Parking Spaces
5.00
Parking Spaces Total
5

Location

Listing Courtesy of JR Associates, James Riel
Add your commute
LISTING UPDATED: 04/24/2024 12:30 PM

Property Details for 306 Riverside Avenue

StatusContingent
MLS #73225807
Days on Market6
Taxes$6,360 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Side by Side
Year Built1910
CountyMiddlesex County

Location

Listing Courtesy of JR Associates, James Riel
Add your commute

Virtual Tour

Building Information for 306 Riverside Avenue

Stories4Residences2Year Built1910Building Size-Lot Size0.15 AC / 6,513 SF

Payment Calculator

$5,442 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$530

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 306 Riverside Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Marina, Public School, University
  • Living Area: 1929.0
  • Color: Tan
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • 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: 4
  • Flooring: Wood
  • Interior Features: Mudroom
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame, Post & Beam
  • Exterior Features: Fenced Yard
  • Fencing: Fenced
  • Lot Description: Corner Lot, Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: 100 Amp Service, 200+ Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Building will be delivered vacant. House has historical ties (Nathan Sawyer house) Zoning analysis also available upon request. OFFERS DUE TUES. 4/23 BT 5PM
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:P13 B:0039,642034
  • Assessments: $746,500
  • Book: 63689
  • Tax Year: 2024
  • Zoning: SF2
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Annual Expenses Source: Owner, Pro. Forma Available
  • GOI: $30,600.00
  • NOI: $30,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $2,550.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 306 Riverside Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 306 Riverside Avenue

Taxable ValueLand$356,800Additions$389,700Total$746,500
Tax Record2024$6,360 ($530 / month)
Home Facts
Baths2Total Finished SqFt1,929 SqFtAbove Grade Finished SqFt1,929 SqFtStories2Lot Size6,513 SqFtStyleDuplexYear Built1910CountyMIDDLESEXAPNMEDF M:P-13 B:0039

Schools near 306 Riverside Avenue

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 - 6 to 8
Rating
School
Distance
John J Mcglynn Elementary School
PublicPK to 5

Andrews Middle School
Public6 to 8

Medford High School
Public9 to 12

John J. Mcglynn Middle School
Public6 to 8

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. 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 JR Associates, James Riel

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.