723 Fellsway

Medford, MA 02155

$585,000
Last Sold Price
5
Beds
2
Baths
2,765 Sq. Ft.
$212 / Sq. Ft.
2,765
Sq. Ft.
$212
per Sq. Ft.

Description

Back on Market due to lack of deposits from buyer. Currently filtering through back-up offers now. A Cash Cow 2 family just steps way from Wellington Circle! Fully occupied, great track records of tenants, and all under market rents. Great exposure from the Fellsway with up to 5 car parking in rear (on Greenwood St - dead end publicly maintained street). Spacious units w/ hardwood flooring, custom built hutches, upgraded windows, and 2 washer/dryer hookups in basement. Plenty of storage in basement,...Back on Market due to lack of deposits from buyer. Currently filtering through back-up offers now. A Cash Cow 2 family just steps way from Wellington Circle! Fully occupied, great track records of tenants, and all under market rents. Great exposure from the Fellsway with up to 5 car parking in rear (on Greenwood St - dead end publicly maintained street). Spacious units w/ hardwood flooring, custom built hutches, upgraded windows, and 2 washer/dryer hookups in basement. Plenty of storage in basement, additional crawl space, and exterior shed. Property has been maintained well with various upgrades including roof, chimney, a new heating system for 1st floor unit, newer water tanks and cosmetic updates in 2nd floor unit. Prime location in strong rental market. Great returns for a savvy investor or smart way to invest the commuting owner occupiers.
  1. Listed by Sean Page • Signature Page Real Estate, LLC

Property Details for 723 Fellsway

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

Location

Listing Courtesy of Signature Page Real Estate, LLC, Sean Page

Sold By Compass, Jake Eddy

Add your commute
LISTING UPDATED: 08/06/2022 06:12 AM

Property Details for 723 Fellsway

StatusSold
MLS #71833770
Days on Market26
Taxes$4,279 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1910
CountyMiddlesex County

Location

Listing Courtesy of Signature Page Real Estate, LLC, Sean Page

Sold By Compass, Jake Eddy

Add your commute

Building Information for 723 Fellsway

Stories3Residences2Year Built1910Building Size-Lot Size0.09 AC / 3,847 SF

Payment Calculator

$3,549 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,193

Property Taxes

$357

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 723 Fellsway

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 2765.0
  • Color: White
  • SqFt with Basement: Yes
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Wall Oven, Dishwasher, Disposal, Refrigerator), Unit 2(Range, Gas Water Heater, Utility Connections for Gas Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceFeatures: Unit 2(Fireplace - Wood burning)
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors)
  • Interior Features: Unit 1(Crown Molding), Unit 2(Pantry, Crown Molding), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Sunroom), Unit 2 Rooms(Living Room, Mudroom
  • Laundry Features: Washer Hookup
  • Window Features: Insulated Windows, Storm Window(s)
Exterior Features
  • Construction: Frame
  • Exterior Features: Storage Shed
  • Exterior Features: Storage Shed
  • Patio And Porch Features: Patio - Enclosed
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Unit 1(Gas), Unit 2(Oil)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: All tenants are TAW. In-law potential. Roof re-done in 2014.
Tax Information
  • Tax ID: M:R16 B:0083,631204
  • Assessments: $365,700
  • Book: 50018
  • Tax Year: 2015
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block
  • Heat Units: 2
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $40,800.00
  • Insurance: $1,415.00
  • GRE: $7,515
  • RME: $4,000
  • NOI: $33,285.00
  • Operating Expense: $7,515.00
  • WSE: $2,100.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,400.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 723 Fellsway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 723 Fellsway

Taxable ValueLand$216,200Additions$609,200Total$825,400
Tax Record2023$7,140 ($595 / month)
Home Facts
Baths2Total Finished SqFt2,318 SqFtAbove Grade Finished SqFt2,318 SqFtStories2Lot Size3,847 SqFtStyleDuplexYear Built1910CountyMIDDLESEXAPNMEDF M:R-16 B:0083

Schools near 723 Fellsway

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

John J. Mcglynn Middle School
Public6 to 8

Medford High School
Public9 to 12

Andrews 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Signature Page Real Estate, LLC, Sean Page

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.