7 Gorham Road

Medford, MA 02155

$1,150,000
Last Sold Price
6
Beds
3
Baths
3,632 Sq. Ft.
$317 / Sq. Ft.
3,632
Sq. Ft.
$317
per Sq. Ft.

Description

Great opportunity for owner occupants and investors to capture record high rents! Spacious, well maintained West Medford two-family just steps to commuter rail, Bistro 5, Playstead Park, yet on a quiet tree lined side street! Move in ready. Lower unit is 6 rooms, 2 bed, 1 bath, rented through 8/31/23 @ $2500 per month; upper is 8/4/2, vacant. Both units have updated kitchens w gas stoves, dishwashers, disposals; upper level has stainless Bosch appliances installed 2015. Dining rooms with china cabinets...Great opportunity for owner occupants and investors to capture record high rents! Spacious, well maintained West Medford two-family just steps to commuter rail, Bistro 5, Playstead Park, yet on a quiet tree lined side street! Move in ready. Lower unit is 6 rooms, 2 bed, 1 bath, rented through 8/31/23 @ $2500 per month; upper is 8/4/2, vacant. Both units have updated kitchens w gas stoves, dishwashers, disposals; upper level has stainless Bosch appliances installed 2015. Dining rooms with china cabinets and bay windows, roomy living rooms w bay windows, plenty of closets. Hardwood floors, high ceilings, replacement windows, beautiful light. 1st fl bath gut renovated in 2020. Roof 2017. Walls insulated 2016. Hot water tanks 2019. Gas heat/cooking, Burnham boilers. Complete list of updates attached. Partially fenced level yard, front porches, back deck. Two car garage. It's a quick trip to Boston via Commuter Rail to North Station or via Express Bus #326 to Haymarket!
  1. Listed by Nellie Aikenhead • Aikenhead Real Estate, Inc.
  2. Listed by Mark Halliday • Aikenhead Real Estate, Inc.

Property Details for 7 Gorham Road

Town
Medford
MLS Area
West Medford
Area
MA-Medford-West Medford, MA-Medford
Garage Spaces
2
Parking Spaces
4.00
Parking Spaces Total
6

Location

Listing Courtesy of Aikenhead Real Estate, Inc., Nellie Aikenhead; Aikenhead Real Estate, Inc., Mark Halliday

Sold By Compass, Doug Hills

Add your commute
LISTING UPDATED: 11/04/2022 10:23 AM

Property Details for 7 Gorham Road

StatusSold
MLS #73037005
Days on Market13
Taxes$9,964 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1908
CountyMiddlesex County

Location

Listing Courtesy of Aikenhead Real Estate, Inc., Nellie Aikenhead; Aikenhead Real Estate, Inc., Mark Halliday

Sold By Compass, Doug Hills

Add your commute

Building Information for 7 Gorham Road

Stories3Residences2Year Built1908Building Size-Lot Size0.11 AC / 4,848 SF

Payment Calculator

$7,106 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$830

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Gorham Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Conservation Area, Highway Access, Public School, University
  • Current Financing: Conv. Fixed
  • Living Area: 3632.0
  • SqFt with Basement: No
  • Total Units: 2
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Waterfront: No
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Location/School
  • Grade School: Brooks
  • High School: Medford Hs
  • Middle School: Tbd
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer), Unit 2(Range, Microwave, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Basement Features: Full, Interior Access
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Features: Unit 1(Storage, Crown Molding, High Speed Internet Hookup, Bathroom With Tub), Unit 2(Storage, Walk-In Closet, Bathroom with Shower Stall, Unit 1 Rooms(Living Room, Dining Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Family Room)
  • Laundry Features: Washer Hookup
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck, Patio
  • Lot Description: Level
  • Patio And Porch Features: Porch, Deck, Patio
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Driveway
  • Parking Features: Paved Driveway
Utilities
  • Cooling: Unit 1(Window AC)
  • Cooling: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Unit 1(Steam, Gas, Individual, Unit Control)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: U1 Leased Thru 8/31/23 - $2500 Per Month. U2 Vacant; Estimate $3200 Per Month. Listing Agents Are Owners. See Features Sheet For List Of Recent Improvements. Upper Unit Also Listed As A Condo.
Tax Information
  • Tax ID: M:J03 B:0056,634733
  • Assessments: $1,105,900
  • Book: 64647
  • Tax Year: 2022
  • Zoning: multi fam
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner
  • GOI: $66,000.00
  • Gross Scheduled Income: $.00
  • Insurance: $1,463.00
  • GRE: $3,513
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $0
  • RME: $600
  • NOI: $66,000.00
  • Operating Expense: $3,513.00
  • WSE: $1,450.00
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: 2
Rental Info
Rental Info
  • Total Actual Rent: $5,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.25
  • Other Agent Compensation: 0

Property History for 7 Gorham Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7 Gorham Road

Taxable ValueLand$397,000Additions$745,000Total$1,142,000
Tax Record2023$9,878 ($823 / month)
Home Facts
Baths3Total Finished SqFt2,755 SqFtAbove Grade Finished SqFt2,755 SqFtStories2Lot Size4,848 SqFtStyleDuplexYear Built1908CountyMIDDLESEXAPNMEDF M:J-03 B:0056

Schools near 7 Gorham Road

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
Brooks 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.

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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 Aikenhead Real Estate, Inc., Nellie Aikenhead; Aikenhead Real Estate, Inc., Mark Halliday

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.