Patricia McCorry | Bourne Real Estate, Carver Real Estate, Kingston Real Estate

2 4Th St, Medford, MA 02155  

Wellington
Multi-Family
$775,000
Price
2
Units
3,523
Approx. GLA
Sought after Wellington area! Looking to get into RED HOT MEDFORD multi-family market? This property is perfect for an investor, unit owner or possible condo conversion! This two-family DUPLEX is larger than most and has lots of potential! There are three floors & a full basement on each side. Hardwood floors thru out. The right unit needs renovation--this unit has 3 bedrooms, a living room, dining room, eat-in Kitchen. Left side is in great condition - this unit has 3 bedrooms, a living room, dining room, eat in kitchen and side deck. It also features crown moldings and wainscoting in living & dining rooms. Vinyl siding & vinyl windows. Basement has separate laundry hook-ups, heating systems & hot water tanks. Off street paved parking for 4 cars. Oversized corner lot. Great location - close to Wellington T, Assembly Row, as well as parks and grocery stores.
Open House
No scheduled Open Houses
Highlights
Area/Village: Wellington
Basement Features: Full, Interior Access, Bulkhead
List Price: $775,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Side by Side
Status: Under Agreement
Beds: 6
Baths: 2
Units: 2
Year Built: 1910
Year Round: Yes
Approx. GLA: 3,523
MLS#: 72402400
 
 
Interior
Basement: Yes
Flooring: Wood, Tile
Energy: Storm Doors
Hot Water: Natural Gas
Rooms: 13
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.23
Lot Size: 10,224.00
Lot Description: Corner, Paved Drive, Level
Foundation: Fieldstone, Brick, Irregular
Parking Spaces: 4
Parking Features: Off-Street, Improved Driveway
Road Type: Public, Paved
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, Washer Hookup
Exterior: Vinyl
Exterior Features: Porch, Deck, Gutters, Screens
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $602,600
Taxes: $6,171
Tax Year: 2018
Book/Page: 46777/41
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $43,800
Gross Expenses: $14,946
Total Rent: $3,650
Net Income: $28,854
Insurance Cost: $1,542
R&M Cost: $4,794
Water Cost: $2,459
Misc. Cost: $309
Additional
Amenities: Public Transportation, Shopping, Park
Exclusions: Shed belongs to tenant.
Disclosure Declaration: Yes
Disclosure: Fireplaces do not work. 4 Fourth St. unit has Letter of Full Deleading Compliance. 3rd floor is not heated. Shed in yard belongs to tenant. Tenant on Lt. side is Tenant at will with 60 days notice. Tenant on Rt. side lease ends on October 31, 2018. Listing Broker is related to the seller.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 0 1 1 0 No 3 $1,950
Unit 2 6 3 0 1 1 0 Yes 3 $1,700
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Forced Air, Oil, Individual  Interior:  Bathroom With Tub & Shower, Open Floor Plan, Remodeled, Hardwood Floors, Slider, Walk-In Closet, Ceiling Fans, Walk-Up Attic, Cable TV Available, Pantry, Balcony/Deck, Crown Molding  Rooms:  Living Room, Dining Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range  Heating:  Forced Air, Oil  Interior:  Bathroom With Tub & Shower, Open Floor Plan, Hardwood Floors, Ceiling Fans, Floored Attic, Walk-Up Attic  Rooms:  Living Room, Dining Room, Kitchen 
Common
Rooms:  Other (See Remarks) 
Map
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The listing office is McCorry Real Estate, LLC and the listing agent is Patricia McCorry. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. and it's 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. The data was last modified on 12/13/2018 9:35:00 AM.
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