$1,500,000
360 Salem St
Medford, MA, 02155
DEVELOPERS TAKE NOTE! – A great housing development opportunity not to be missed, situated in Medford and close to Rte. 93. Property consists of 8,267 SF of a commercially zoned parcel located on Salem St. along major bus routes. This ideal location has the potential for 16+ units of housing once approvals have been secured through the City of Medford. Currently the property consists of a one story masonry 1,792 SF building with 2 commercially active TAW leases having a combined monthly income over $4,400.00. It is important to note that the Seller will work with developer(s) to allow for necessary permitting time-lines to be secured.
Property Details
Price:
$1,500,000
MLS #:
73261356
Status:
Active
Beds:
0
Baths:
0
Address:
360 Salem St
Type:
Commercial
City:
Medford
Listed Date:
Jul 8, 2024
State:
MA
Finished Sq Ft:
1,792
Total Sq Ft:
1,792
ZIP:
02155
Lot Size:
8,267 sqft / 0.19 acres (approx)
Year Built:
1908
Schools
Interior
Exterior
Parking Spots
11
Financial
Tax Year
2024
Taxes
$3,687
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Stephen Cefalo Real Estate. The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
360 Salem St
Medford, MA
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