102 South Street, Tufts UniversityMedford, MA 02155MLS Number 73111549

  • Price: $1,850,000
  • Est. Mortgage of $/month
  • 22 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
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  • 7Bedrooms
  • 0.27Acreage
  • 5Bathrooms
  • 1893Year Built
Here is a rare opportunity to own a unique 3 Family Home in prime Medford location! A Farmhouse built at the turn of 19-th century by a prominent Medford family ( J. Stetson, a ship builder) still standing as built, updated to meet the modern buyers' expectations with 2 income producing units. Owners' unit, with 2200 sq. ft. on 2 floors, with farmers porch & exclusive use of the 2-car garage and private gated side yard. Property went through major renovations between 2015 - 2023. This property is a gem for an owner occupant as it feels like a Single Family, a sweet deal for an investor as property can fetch 10K+ a month in rent, an opportunity for a developer who wants to do a condominium conversion. Great property for short time rentals/ AIRBNB due to proximity to Tufts University, Cambridge and Boston. 2 units are leased till 8/31/2023. Owners' unit will be delivered vacant at closing. Check attachments for sellers' disclosures, additional information and floor plans for each unit.
Listed by North Star Group and Olga Rotaru of LAER Realty Partners

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Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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Basic Information

  • Gross Income $64,200
  • Lot Features Corner Lot, Level
  • Mls StatusActive
  • Parcel Number M:N07 B:0025,639990
  • Rent Includes Unit 2(Water), Unit 3(Water)
  • Road Frontage DescriptionPaved

Basic Information

  • List Price$1,850,000
  • MLS Number73111549
  • Modification Date05/30/2023
  • Property SubType3 Family

Property

  • Acreage0.27

Interior

  • Flooring
    • Carpet
    • Hardwood
    • Parquet
    • Stone / Slate
    • Tile
    • Unit 1(undefined)
    • Unit 2(Wall to Wall Carpet)
    • Varies Per Unit
  • Interior Features
    • Bathroom With Tub & Shower)
    • Dining Room
    • Kitchen)
    • Kitchen)
    • Office/Den)
    • Unit 1 Rooms(Living Room
    • Unit 1(Stone/Granite/Solid Counters
    • Unit 2 Rooms(Living Room
    • Unit 2(Bathroom With Tub & Shower)
    • Unit 3 Rooms(Kitchen

Property Information

  • Building Area Source Public Records
  • Living Area 4,193
  • Lot Size Square Feet 11,850
  • Lot Size Units Acres
  • Property Condition Unit 1 Remodeled
  • Road Responsibility Public Maintained Road
  • Square Feet4,193

Water Body

  • WaterfrontYes
  • Waterfront Features Waterfront, Beach Front, River, Frontage, Public, Ocean

Tax Information

  • Tax Assessed Value $1,305,500
  • Tax Year 2023
  • Taxes$11,293

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces6

Location

  • Address102 South Street
  • Building Number102
  • CountyMiddlesex
  • NeighborhoodTufts University
  • StateMA
  • StreetSouth Street
  • SubdivisionTufts University
  • TownMedford
  • Zip02155

Exterior

  • Exterior Features Rain Gutters, Varies per Unit
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Utilities

  • Cooling Unit 2(Wall AC, 2 Units), Unit 3(Wall AC, 3 or More)
  • Cooling YN Yes
  • Electric Circuit Breakers, Individually Metered
  • Heat SystemYes
  • Heating Unit 1(Central Heat, Hot Water Baseboard), Unit 2(Hot Water Radiators, Steam), Unit 3(Hot Water Baseboard)
  • Sewer Public Sewer
  • Water Source Public

Legal

  • ZoningRes

Other

  • Buyer Agency Compensation1%
  • Date Listed05/15/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1%
  • View Count2

School Information

  • Elementary SchoolMissituk
  • High SchoolMedford
  • High School Medford High
  • Junior HighMcglynn/Andrews

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 4.5
  • Bedrooms7
  • Full Bath4
  • Half Baths1

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Storm Door(s)
  • FireplaceYes
  • Fireplaces Total 4
  • FoundationBrick/Mortar
  • Garage Spaces2
  • Patio And Porch Features Porch, Patio
  • Rooms14
  • Stories5
  • Utilities For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit
  • Year Built1893
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedUnit 1(Range, Dishwasher, Disposal, Refrigerator), Unit 2(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 3(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Green Energy Efficient Thermostat, Varies per Unit
  • Other AmenitiesBasement, Beachfront, Fireplace, Water View, Waterfront
Listed by North Star Group and Olga Rotaru of LAER Realty Partners

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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