53 Madison St Medford MA 02155 MLS #73150786

53 Madison St
Medford, MA, 02155
$925,000
5 Beds
2 Baths
2,608 SqFt
0.15 Acres
$925,000
53 Madison St
Medford, MA, 02155
Prime West Medford neighborhood! Investors and contractor take notice- great opportunity to bring this large 3 level 2 family home back to its original glory. Beautifully situated on 6500 sf lot in West Medford near Playstead Park, commuter line, shops and restaurants. Near 93, Rts 28, 16, minutes to Tufts, the new Green line and Assembly Row..Just 8 miles to downtown Boston. Garage converted to storage shed. Property needs work but has incredible potential Sunny units, high ceilings, hardwood flooring, spacious rooms, finished attic. Both units offer large eat in kitchens. Unit 2 has formal dining room.. Sold AS IS. Subject to 1031 exchange with no cost or delay to Buyers. Showings begin Saturday OH 8/26/23 2-3 and Sunday 8/27 2-3pm by appointment Will not qualify for FHA financing.

Property Details

Price:
$925,000
MLS #:
73150786
Status:
Closed ((Nov 7, 2023))
Beds:
5
Baths:
2
Address:
53 Madison St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Medford
Listed Date:
Aug 21, 2023
State:
MA
Finished Sq Ft:
2,608
ZIP:
02155
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
1910

Schools

Elementary School:
Brooks
Middle School:
Mcglynn/Andrews
High School:
Medford Hs/Voc

Interior

Appliances
Unit 1( Range, Dishwasher), Unit 2( Range)
Bathrooms
2 Full Bathrooms
Flooring
Tile, Hardwood, Unit 1(undefined)

Exterior

Community Features
Public Transportation, Bike Path, House of Worship, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Porch
Parking Features
Paved Drive
Roof
Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$15,600
Tax Year
2023
Taxes
$8,006
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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 Pegasus Realty LLC. 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.
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53 Madison St
Medford, MA